Seven billion dollars offered proactively, and they actually don't want it. Could there really be people who refuse money in this world? Recently, the news about BYD's investment in India being rejected has been widely discussed. According to media reports, BYD has submitted an investment plan totaling one billion US dollars to the Indian government, intending to cooperate with local giants in India to establish a joint venture to produce new energy vehicles. However, it was completely unexpected that the huge wealth delivered to their doorstep was rejected by India. This has caused an uproar among netizens. Some say that BYD is stubborn, not learning from Lei Jun's lessons at all, and still wants to send money to India. Others say that India's rejection is good, which has done China a favor, otherwise it might have been another case of throwing money away. If you think this way, you are really mistaken. Many people have misunderstood this incident and have not understood the purpose behind BYD's series of operations. Close the door and turn down the volume while watching the video, let's talk quietly!

Let's think about it, when doing business, when would you refuse to cooperate with others? Of course, it's when you feel you can't outsmart others and you can't make money from this deal. For the Indian government, BYD is such a role.

India is no stranger to BYD. Many people don't know that as early as 2013, BYD had already entered India and established a joint venture with local enterprises to produce electric vehicles in India, mainly electric buses. This model is similar to SAIC General Motors and FAW Volkswagen in China. India accepts BYD's investment and factory establishment with a very clear purpose, which is to rely on BYD to cultivate its own domestic new energy vehicle industry chain, just like our country introduced Tesla. Good things always leave a mark when they pass through hands, and there is no such thing as a free business in the world.

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India is dreaming of marrying a daughter-in-law, thinking only of good things! But unexpectedly, the daughter-in-law was brought home, eating and drinking in your house, but not allowing any touch. Ten years have passed, has India's new energy industry chain been cultivated? Not only has it not been cultivated, but in BYD's factory, apart from the workers being Indian, everything else is basically unrelated to India. Why is that? BYD also had a trick up its sleeve, building only an assembly plant in India, with almost all core components produced in China. Indian workers have only learned component assembly technology, and almost nothing about the core of the industry. This daughter-in-law is considered to be a waste of marriage for India!

What makes India even more upset is that not long ago, the Indian government proposed to purchase 1000 electric buses from BYD, with a price of 2 million per bus, which happens to be a total sales price of 2 billion. Government payment for purchase, if placed domestically, would be a very good business, and it would not be an exaggeration to describe it as "really fragrant". Many enterprises might just sign a contract and ship to the government, at most receiving a 10% deposit, but BYD refused, proposing two requirements to the Indian side: First, the Indian government must pay the full amount before shipping; Second, it does not accept payment in Indian Rupees, only in Chinese Yuan. Now, the Indian side can't sit still! Indian government officials have strongly condemned and protested against BYD in public, saying: BYD is too much, trying to break India's business rules, and has affected the government's business reputation, causing damage to India's image.

But did BYD do something wrong? Everyone on Earth knows that India specializes in trapping foreign capital. Back then, Lei Jun was invited to India like a father, relying on population dividends and tax incentives to attract enterprises to invest and build factories in India. But what was the result? The Indian trio is really ruthless, raising pigs while sharpening knives, turning their faces faster than flipping a book. Xiaomi worked hard and barely made some money, but in the end, it was cut off by the Indian government, and it was all in vain for several years.

It has to be said that in the matter of trapping foreign capital, India has indeed not given "special treatment" to our country's enterprises, and has truly treated everyone equally. Previously, Wistron, Apple's largest contract manufacturer in India, was looted by locals. In order to heavily fine the British company Vodafone, India even modified the law. In 2022, along with Xiaomi, American companies Amazon and Google were also trapped. India heavily fined Amazon $172 million for violating relevant financial regulations. It issued a fine of $275 million to Google for violating Indian antitrust laws.

Speaking of this, everyone should understand, right? India's refusal of BYD's factory investment is the best explanation. The reason behind it is not for national security or technical security at all. The real reason is that India can't get any oil from BYD. As for BYD, it has been on guard against India since it first entered India, and after ten years, the core technology and products are still in its own hands, making the Indian government unable to move. Unable to compete with BYD and unable to deal with BYD is the real reason why India closed its doors to guests. I think at this moment, we should give BYD a big thumbs up!

I'm afraid someone will ask again, why doesn't India, which so desires new energy technology, seek Tesla? Musk has long wanted to invest and build a factory in India, but dreams are beautiful, and reality is very thin.

Tesla's overseas investments are basically without capital investment. Taking the Tesla Super Factory in Shanghai Lingang as an example, the funds for factory construction and operation basically come from loans from Chinese financial institutions. In return, the vast majority of the components in the Tesla factory also come from Chinese enterprises, cultivating a large number of industry chain enterprises.We rely on an open, equal, and win-win investment environment to attract outstanding enterprises, which in turn also benefits local businesses. However, can India achieve this? Wanting the benefits of others while not wanting to give anything in return, it must be said that only an enterprise like BYD can deal with India. India's tactics are well-known and are gradually changing the rules of business and investment. Everyone knows that India specializes in exploiting foreign capital; there is no reason for you to always take advantage. It will become increasingly difficult for India to get away with such behavior without any justification. Today, I have revealed this truth. If other foreign enterprises in India see this video, will they also learn from BYD?