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Elon Musk’s Tesla Makes Inroads Into India By Registering Company In Bengaluru

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Commonly known as the Nikola Tesla of our generation, Elon Musk is a technology entrepreneur, engineer and investor.  The self made billionaire managed to convert his scientific imaginations into reality and tried his hands at various fields, spread across technology, science and exploration.   Automaker Tesla has been in the news for the last few months for breaking records and creating new milestones.  In the first week of January 2021, Tesla surpassed Facebook, in terms of market cap and is currently the fifth most valuable company in the United States of America.  

There have been calls of bringing Tesla to the Indian market since a couple of years ago and now the dream finally turned into reality.  In what can be termed as a momentous occasion, Tesla makes inroads into the Indian market as Elon Musk registers a new company in Bengaluru, India.  On January 8, Tesla Motors India and Energy Private Limited was established with its registered office in Bengaluru, also known as the IT capital and the Silicon Valley of India. 

ALSO READ: 5 Companies Founded By Elon Musk That Are Not Tesla

Reportedly, Tesla would launch their Model 3 first in the Indian market for an estimated price of INR 60 lakhs.  Nitin Gadkari, the Union Minister for Road Transport and Highways confirmed in December, Tesla is coming to India in early 2021 and will first start off with sales, and then look at assembly and manufacturing based on the response it receives.  According to Republic TV, other than Karnataka, Tesla is in talks with the governments of Maharashtra, Gujarat, Andhra Pradesh and Tamil Nadu to establish offices.

 

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2 Comments

2 Comments

  1. Raymond Bonadonna

    April 15, 2025 at 1:10 am

    You are my inhalation, I own few blogs and often run out from post :). “Fiat justitia et pereat mundus.Let justice be done, though the world perish.” by Ferdinand I.

  2. libros de cro

    April 23, 2025 at 9:27 pm

    You really make it seem so easy with your presentation but I find this matter to be really something which I think I would never understand. It seems too complicated and very broad for me. I’m looking forward for your next post, I will try to get the hang of it!

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

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