The automaker has been planning to enter Indian market since 2020 and the failure to secure approvals makes it one of biggest casualties of New Delhi's increased scrutiny of investments from Beijing.
China's top pickup truck maker Great Wall Motor is targeting sales of 4 million vehicles a year in 2025, Chairman Wei Jianjun said on Monday
The world's biggest car market since 2009, China can still grow for the foreseeable future because of its relatively low penetration and expanding middle class
Foreign expansion is a way for Great Wall Motor to make up for more regulation, competition in SUVs