Tesla CEO Elon Musk has signaled that his electric vehicle company is preparing to enter the Indian market, both in terms of vehicle sales and potentially manufacturing. In a recent interview, Musk stated that like other major nations, India should have access to electric vehicles, implying it is a natural...
India Bids to Host the 2036 Summer Olympics
Back in 2008, I wrote an article for Business Week about how the Manmohan Singh government should bid for the 2024 Olympics. But India was not ready. Now, after 9 years of a new government, Prime Minister Narendra Modi has made a bold plan to try and clinch the 2036...
UK-India Continue Discussions on Trade Agreeement
U.K. Prime Minister Rishi Sunak has been actively pursuing a trade agreement with India, one of the world's fastest-growing economies. His plans for a return trip to India in October to finalize the pact are still in motion. The meeting between Sunak and Indian Prime Minister Narendra Modi on the...
Tesla Expresses Interest in Setting Up a Plant in India
Subsequent to a proposal from Tesla, which is mulling an entry into India's automotive market, the country's commerce ministry is working on a new electric vehicle policy that might slash import taxes for automakers who commit to some local manufacturing, reports Reuters. The policy being considered may allow automakers to...
President Biden asks his Ambassador to fix India Visa Backlog
Eric Garcetti, the new U.S. Ambassador to India, told NDTV that President Biden told him, "Eric, go fix this ... Reducing the wait time for U.S. visas for Indians is not just a 10th or 11th priority. It's the number one priority for me." Garcetti takes charge at a time when...
Air India Orders Aircraft Worth $85 Billion
India's Tata Group privatized Air India which was India’s national airline for close to a century. On February 14, executives in the company announced the single-largest airplane purchase ever -- 220 jets from Boeing and 250 from Airbus. Although the price was not made public, industry experts estimate the cost...