BYD, the world’s largest maker of battery-powered cars, is staying away from the Indian government’s new flagship scheme aimed at attracting prominent foreign electric vehicle companies to manufacture in the country, a…
Tag: imports
India to decide on non-tariff barriers on solar cell imports to boost production
The Indian government is will soon decide on imposing non-tariff barriers on solar cell imports by including them in the Approved List of Models and Manufacturers (ALMM), a move that could reshape…
India imports $2.8bn crude oil from Russia in July, almost 40% of oil purchases
India bought USD 2.8 billion worth of crude oil in July from Russia and is the second largest importer, while China remains the largest importer of Russian oil, newswire PTI reported on…
Chinese business group warns of tariff increases on car imports
A Chinese business group warned of possible tariff increases on car imports in retaliation for moves taken by the U.S. and European Union on Chinese electric vehicles, as trade tensions escalate between…