The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hub. This comes at a time when the Asian nation seeks to attract foreign money for local production from the likes of Tesla. India plans to lower import taxes on … Read more
It is no secret that American EV making giant Tesla Inc. is planning to enter the ever-growing Indian automotive sector, with CEO Elon Musk having mentioned the plans multiple times over the past few months. It seems like we are now inching closer to Tesla’s India entry, which could happen as soon as next year.About … Read more
India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking. An announcement could come at the Vibrant Gujarat Global Summit in … Read more
NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said Tesla will double the import of components from India, while it engages with the government to discuss a plan to manufacture and sell in the country.“Extremely delighted to see talented Indian engineers & finance professionals working at senior positions and contributing to Tesla’s remarkable … Read more