Tuesday, February 15, 2022

Tesla seeks import duty cuts but gives PLI scheme a skip

CEO Elon Musk, who ended 2021 as the richest person in the world with a personal fortune of $273.5 billion as per Bloomberg Billionaires Index, last month said his company is facing a lot of challenges and working with the government to launch operations in India. The company had registered an Indian arm, Tesla Motors India and Energy, in Bengaluru in January 2021, indicating that it was set to launch vehicles in the country.

from Auto-Industry-Economic Times https://ift.tt/rLxehPa

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Tata Motors to start assembling Range Rover Evoque in its new India plant

Tata Motors will begin assembling the Range Rover Evoque at a new factory in southern India on February 9th, aiming to capture surging domes...