ReferIndia News Why India can’t have Tesla or Apple: Harsh Goenka shares lesson from China that helped BYD beat Elon Musk’s company

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Why India can’t have Tesla or Apple: Harsh Goenka shares lesson from China that helped BYD beat Elon Musk’s company

Published on: March 27, 2026, 10:26 a.m. | Source: The Economic Times

A video has sparked a debate on why India struggles to create global tech firms like Tesla. China's BYD received massive state funding and long-term planning, enabling it to challenge Tesla. This strategy involved significant R&D investment and engineer hiring.

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