Global brokerage firm CLSA has assessed that Tesla’s entry into the Indian electric vehicle (EV) market is unlikely to significantly impact established automakers such as Tata Motors, Maruti Suzuki, and Hyundai. According to CLSA, the current EV market in India is relatively small,
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Indian automobile manufacturers are expressing concerns over a proposed safeguard duty on certain steel imports, emphasizing the absence of domestically produced alternatives that meet stringent emission and safety standards. Investigation into Steel Imports On December 19, 2024, the Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, initiated an