Prime Minister Narendra Modi held a telephonic conversation with billionaire entrepreneur Elon Musk, reaffirming India’s commitment to deepening partnerships with the United States in cutting-edge sectors such as electric vehicles, renewable energy, and space technology. The call comes at a

JSW Group Chairman Sajjan Jindal has raised doubts about Tesla’s ability to succeed in India’s electric vehicle (EV) market, emphasizing the dominance of domestic players. He highlighted that Indian manufacturers, including Tata Motors and Mahindra & Mahindra, have already established a stronghold, making it difficult for Tesla to replicate its global

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, accounting for just 2.5% of annual car sales, and Tesla’s premium pricing […]