Keen to have manufacturing in India, visa issue not affecting operations: BYD
New Delhi, PTI: China's electric vehicle major BYD is keen to have manufacturing operations in India as soon as 'all factors' suggest a 'go ahead' and the plan is under constant evaluation, according to a top official of the company's Indian arm. Despite the political tension between India and China resulting in visa issues, the company has not felt any impact of it on its operations in the country and has also found acceptance of its products from the 'pragmatic' Indian customers, BYD India Head of Electric Passenger Vehicles (EPV) Business Rajeev Chauhan told PTI.
In an interaction on the sidelines of the Auto Expo held as part of the Bharat Mobility Global Expo 2025, he said the company, which unveiled its premium electric SUV SEALION 7, will be considering the homologation route for more models to be able to sell more vehicles in India. "These kinds of plans, manufacturing plans are constant evaluation which we are doing...We are keen, we would love to do that as soon as all factors suggest that go ahead you don't have any limitations about that," Chauhan said when asked about BYD's manufacturing plans in India. In 2023, BYD's plans to set up an EV and battery manufacturing plant in India at an investment of USD 1 billion Hyderabad-based Megha Engineering and Infrastructures Ltd was not approved by the Indian government.
Chauhan said at present the company does not have "any manufacturing contract" in India, adding at the moment there is no timeline when BYD could start manufacturing operations in India. When asked if visa restrictions by India on Chinese nationals have had animpact on operations, Chauhan said, "I really don't think so.