Govt rejects Chinese BYD-Megha Engineering's $1 billion proposal to set up EV plant

[Leila]

Govt rejects Chinese BYD-Megha Engineering's $1 billion proposal to set up EV plant The Indian government has rejected a $1 billion investment proposal from Chinese electric car maker BYD and its partner Megha Engineering and Infrastructures Ltd (MEIL) to set up an electric vehicle manufacturing plant in India