Standard Post with Image

BYD's entry in Indian Market, Boon or Ban?

Govt of India’s plan of electric busses have not been materialized so far because of the cost factor involved and with BYD(Chinese Automobile Major) in the picture the competition on cost factor might increase considerably and domestic makers have started to match BYDs blueprint price. BYD’s presence will fasten the green initiative but domestic manufacturers will encounter loss. Govt needs to maintain a balanced approach so that e-market flourishes and there is economic rise of the domestic  automobile market