Saturday, August 08
BYD Co. is weighing options to expand in India, including local assembly to meet surging demand for the Chinese automaker’s electric vehicles, according to people familiar with the matter.The company is evaluating some form of local assembly in India and working on obtaining local safety and regulatory certifications for more models because of import quotas, the people said, asking not to be identified because the plans have not been publicly disclosed.Though India previously rejected BYD plans to build a full assembly plant in the country, the Chinese company is considering putting together semi-assembled parts — which would be cheaper and easier to clear in terms of regulatory approvals, the people said. Any manufacturing move would follow a visit by senior BYD executives, they added
New Delhi: The Budget Session of Parliament will commence today with President Droupadi Murmu addressing the joint sitting of the two Houses.The Economic Survey of India is scheduled to be presented on January 29th, followed by the Union Budget 2026-27, to be presented on February 1st. The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-March), as well as an outlook for the next fiscal.The session will span 30 sittings over 65 days, concluding on April 2. The two Houses will adjourn for a recess on February 13 and reconvene on March 9 to enable the Standing C
