BYD execs fail to get Indian visas

News Snapshot:

NEW DELHI : China’s BYD Auto Co. Ltd’s executives have been unable to secure Indian visas for at least over a year, precluding in-person meetings with representatives of Megha Engineering and Infrastructure Ltd in India for their electric vehicle (EV) project, two people familiar with the developments said. In the absence of Indian visas, meetings between BYD and Megha executives are being held in countries such as Nepal, Sri Lanka and China, the people said on condition of anonymity. “No official reason has been given for the denial of Indian visas to BYD executives," said one of the two people....