Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Prime Minister Modi and Elon Musk earlier this month.
The Tesla Model 3 is speculated to enter the Indian market. With potential import duty cuts, its price could be about ₹35-40 lakh on road.
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Vantage with Palki Sharma | N18G After Tesla’s upcoming India launch, Elon Musk’s Starlink is now set to receive approval from India’s space regulator, according to a new report by The Economic Times.
India's EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing,
Indian auto stocks face challenges with the Nifty Auto index down 7% in February and 21% since October 2024. Weak sales and external pressures, including Tesla’s potential entry, dampen investor sentiment.
Bringing showrooms filled with high-end American-made electric vehicles to India would mark a symbolic victory for President Trump’s ally.
Then, in January 2021, Tesla registered a company in India, just weeks after the country's transport minister, Nitin Gadkari, said Tesla would launch its operations there in early 2021. India is the world's third-largest auto market.
Speaking at the second edition of Manthan, Business Standard’s flagship thought summit, Amitabh Kant emphasised the need for India to become a global champion in EV manufacturing, especially in two-wheeler and three-wheeler segments, where the country has a robust export base.
Tesla Inc. is set to make its long-awaited entry into India by shipping a few thousand cars to a port near Mumbai in the coming months, according to people familiar with the matter, marking its long-awaited debut in the world’s most populous country.
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
Tesla has finalised locations for two showrooms in India. One in the country's capital Delhi, and the other in Mumbai. The development follows a recent meeting between Indian Prime Minister Narendra Modi and Musk in the US. Tesla has finalized locations ...
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