His visit comes weeks after Indian govt announced a new electric vehicle policy to attract major global players like US-based Tesla, of which Musk is CEO.
With an annual capacity to produce as many as 500,000 electric vehicles, the prices for the EVs would start from 2 million rupees ($24,400.66), according to a TOI report.
In May, Musk said that Tesla would probably pick a location for a new factory by the end of this year, adding India was an interesting place for a new plant.
The govt has said it is keen for Tesla to make cars in the country, but appears to be using their interest to try and gain benefits for the nascent local electric car industry.
Tesla has had its vehicles certified as being roadworthy in India and received approval to make or import four models to the country, a posting on the road ministry's website states.
CEO Elon Musk had all but confirmed Tesla would enter India in January after months of speculation. Now, the electric vehicles maker is recruiting for its sales, marketing & HR depts.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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