This agreement comes amid Elon Musk-led Tesla's eagerness to penetrate Indian market, and his scheduled visit to the country this month
Gujarat likely the front runner but TN, Telangana, Maha not far behind
The sales decline caught investors off guard as rivals like BYD of China and Kia and Hyundai of South Korea reported increases in electric vehicle sales
The stainless-steel clad truck is all angles, in part because a traditional press can't bend the steel into curves
Is the old pension scheme making a comeback? Have the stars aligned for Tesla's India entry? How will markets play out in this holiday-truncated week? Who are the Houthis? All answers here
Govt should not change EV policy for one company
Musk is also set to meet Israeli Prime Minister Benjamin Netanyahu in California on Monday
Musk-led firm plans to source parts worth $1.9 billion from India this year, says Goyal
Tesla Founder Elon Musk's ambition to build a high-volume affordable car is not new
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A delegation of Tesla Inc. executives to India discussed the possible local sourcing of components and incentives but stopped short of proposing to build vehicles in the country
Top Tesla officials are visiting India this week to speak with government officials and discuss local sourcing of parts and other issues
The present customs duty regime in India does not distinguish between electric cars and those that run on hydrocarbons and imposes high duties
Senior executives from firm to hold meetings with top Indian officials
IOCL's 'tyre battery accessories' marketing concept aims to make its 36,000 pumps one stop shop for vehicle owners.
"I hesitate to say this but I think we'll do it this year," said Tesla CEO Musk, speaking on a conference call
The driver monitoring function warned users to keep their hands on the steering wheel while using the FSD mode
This is not the first time that Tesla's top boss has warned about declining birth rates. In June 2022, he also shared data from The Wall Street Journal
While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source
Tesla has had its vehicles certified as being roadworthy in India, says ministry website.