Tesla India's Entry Route

Photo: The Guardian

Tesla Is Looking For Brand Avenues In India, Says Report

Tesla is hunting for a single-brand retail avenue in India to set up its center, following the footsteps of Apple & Ikea. Based on the FDI norm, any company with 51% foreign ownership must source 30% value goods from India. Besides, the center has approved the import of four Tesla vehicles. However, high import prices, high electric-vehicle import duties make the road bumpy for Tesla.

Tue, 07 Sep 2021 - 09:00 PM / by Vidhi Jhunjhunwala

You May Like

Tesla New variants

Tesla Passes Homologation Stage For Its Four Vehicles In India

Motor giant Tesla has managed to meet all the specified criteria to launch its vehicle in India. According to the report, four vehicles have been approved, Model 3 & Model Y have been witnessed taking trials on Indian roads. However, the… read-more

TAGS: Tesla, Cars, Electric cars, Technology

J&J's Covid Vaccine

DCGI Approves J&J's Single-Shot COVID-19 Vaccine In India

Big Pharma Johnson &Johnson's to roll out its single-shot Covid Vaccine in India by the next month. Besides, it is being manufactured at 'Biological E' in Hyderabad. However, the officials have received Emergency Use Approval (EUA) from DCGI… read-more

TAGS: Covid Vaccine, Johnson & Johnson, Pharmaceutical, Biological E

Nitin Gadkari

'Indo-US Trade To Reach $500 Billion By 2025': Gadkari

Union Minister for Road and Transport, Nitin Gadkari lauded the jump in bilateral trade between India-US to $149 billion from $16 billion in last the two decades at the 17th Indo-US Economic Summit. The trade is estimated to be valued at $500… read-more

TAGS: Nitin Gadkari, Union Minister for Road and Transport, Indo-US, Economic Recovery, Economic Summit

Amazon

Amazon Accused Of Bribing Govt Officials; Govt Claims 'Zero Tolerance Towards Corruption'

Amazon is under scrutiny for its legal representatives allegedly bribing Indian government officials on September 21. The government questioned Amazon for spending over Rs. 8500 crores in "legal fees" since 2019. The government also defended its… read-more

TAGS: Amazon, Goverment, Bribery, Probe, corruption

World's highest electric vehicle charging station.

Himachal Pradesh's Kaza Gets World's Highest EV Charging Station

The world's highest electric vehicle charging station was inaugurated in Himachal Pradesh's Lahul and Spiti district on September 23. The station is situated at 500 ft in Lahul and Spiti's Kaza area. Talking about the inauguration, Kaza's SDM,… read-more

TAGS: Himachal Pradesh government, Electric Vehicles, Charging Station, Lahaul and Spiti

Tesla India's Entry Route

Tesla Is Looking For Brand Avenues In India, Says Report

Tesla is hunting for a single-brand retail avenue in India to set up its center, following the footsteps of Apple & Ikea. Based on the FDI norm, any company with 51% foreign ownership must source 30% value goods from India. Besides, the… read-more

TAGS: Tesla, India, Elon Musk, FDI, Apple, IKEA