Ahead of the Vibrant Gujarat Global Summit (VGGS) 2024, the Gujarat government is actively working to attract electric car giant Tesla to the state. According to top government sources, discussions with Tesla are in the early stages, and the state is coordinating with the central government to potentially bring the project to the Sanand-Bechraji region […]
Tesla has submitted plans to Indian officials for the construction of a battery storage factory in the country, according to sources familiar with the matter, reports Reuters. The proposal comes as Tesla is also in discussions with the Indian government about setting up an electric vehicle (EV) factory to produce a $24,000 car, overseen directly […]
Tesla aims to source components worth between $1.7 and $1.9 billion from India, according to India’s Union Trade Minister Piyush Goyal. Speaking at the 63rd Annual Session of the Automobile Component Manufacturers Association of India, Goyal revealed that Tesla had already procured parts worth $1 billion last year from Indian suppliers, reports Mint. The announcement […]
Tesla has recently secured office space in Pune’s Viman Nagar, as the company’s top executives continue to meet with Indian government officials to discuss the possibility of entering the Indian market. According to documents accessed through CRE Matrix, Tesla India Motor & Energy has leased an office spread over 5,850 square feet in a coworking […]
Tesla is preparing to hold discussions with India’s commerce minister this month regarding potential plans to establish a factory in the country. This facility would produce a new, low-cost electric vehicle (EV) priced at $24,000, according to an individual familiar with the matter, reports Reuters. The person disclosed that Tesla expressed interest in constructing an […]
Tesla has opened discussions with the Indian government. The conversation revolves around a proposal to establish a car factory in India with an annual capacity of producing up to 500,000 electric vehicles, reports Times of India. These vehicles would have a reported starting price of Rs 20 lakh ($24,380 USD), making them an accessible option […]
In a recent development, Karnataka’s Industries Minister, MB Patil, has extended an official invitation to Tesla, to establish its factory in the southern state of India. This move comes on the heels of Tesla’s CEO, Elon Musk, expressing an interest in investing in India after a meeting with Prime Minister Narendra Modi in the U.S. […]
Tesla CEO Elon Musk announced on Tuesday that the electric carmaker is planning to invest in India as soon as possible. Musk’s statement came after a meeting with Indian Prime Minister Narendra Modi in New York during the latter’s state visit to the U.S., reports Reuters. Musk expressed his confidence in Tesla’s future in India […]
Tesla has reportedly put forward a proposal to Indian government officials to establish a factory in the country on Wednesday. The facility would be used to manufacture electric vehicles for both domestic and international markets, according to a source with direct knowledge of the matter, reports Reuters. This move comes after a stalemate last year […]
Elon Musk’s SpaceX has had trouble deploying its Starlink satellite internet in India, but a new report shows the company hoping to reach mobile users in the country. SpaceX is planning to apply to the Department of Telecommunications (DoT) for a global mobile personal communications by satellite services (GMPCS) permit to launch its Starlink services […]
A Tesla executive who has been integral in helping the company expand into India has reportedly quit, after the company failed to clinch lowered import duties on cars. Manuj Khurana, the policy and business development at Tesla India, has departed from the company after the automaker halted talks about selling cars in India, according to […]
After over a year of discussions about selling its electric vehicles (EVs) in India, Tesla is officially putting a halt on plans to sell cars within the country. Tesla has paused plans to sell its vehicles in India, after failing to agree with the country’s government on terms for lowering import duties, according to sources […]
The Indian government has cautioned Tesla on building vehicles in China and importing them into India, according to Reuters. Rather, the government has suggested that Tesla set up shop in India to make cars and export them, but importing them from China may be a red flag to government officials. During a government conference, Minister […]
After Tesla’s talks with the Indian government reportedly hit a “weird stalemate situation” last month, the government is apparently sending a formal request to the U.S. automaker to commit to spending a certain amount on local components. The Indian government wants Tesla to purchase at least $500 million in local parts in order to qualify […]
The Indian government denied Tesla’s request for lowering import duties, emphasizing that the laws already accommodate importing partially-built vehicles and assembling them at lower costs, according to Automotive News. Chairman of the Central Board of Indirect Taxes and Customs Vivek Johri emphasized that the government had been looking at the tax structures and decided that […]
