Tesla has opened a sixth showroom in India, this one in Chennai, in southern India, giving the electric-car maker its first dedicated retail and service point in Tamil Nadu. The new Experience Center sits inside Chennai's Express Avenue Mall and will handle sales and after-sales service directly, The Economic Times...
Electric Vehicles Become Mainstream in India
India's electric vehicle market crossed a symbolic threshold this year. The country registered 2.5 million EVs, a jump of about 25% over the previous year, lifting EV penetration to 8.5% of all vehicle registrations from 7.7%. By 26 July 2026, cumulative EV registrations had passed ten million for the first...
Ambitious Drone Startup from India Raises American Investment
Airbound, a Bangalore-based drone startup founded by Naman Pushp at age 15 during the COVID-19 lockdown, has raised $8.65 million in seed funding. The round was led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventures, Lightspeed Venture Partners, and senior leaders from Tesla, SpaceX, and Anduril....
Tesla in Talks to Set Up India Venture
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 Lowers Import Taxes on EV Companies Who Invest $500 million
India lowered import taxes on certain electric vehicles (EVs) for carmakers that commit to investing at least $500 million and start manufacturing in the country within three years. This policy is a major win for Tesla, as it aligns with what the company has been lobbying for in India despite...
Reasons Companies Shift Supply Chains from China to India
India's infrastructure growth aims to attract foreign companies by providing a supportive business environment. This trend is expected to accelerate over the next five years as India closes the gap with China. Supply Chain Management Review spoke to Samir N. Kapadia, founder and CEO of India Index, who outlined six...