Tesla India: On the one hand, this looks like business as usual. Officials have made a habit of using the supposed potential of the domestic market as an inducement for foreign investors. The stick of high tariffs together with the carrot of possible consumer demand growth should be enough to lure in people like Musk, they think. That said, there’s a deeper story to be told here.
Govt s big bet on Musk s Tesla gigafactories in India might just work business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
On the one hand, this looks like business as usual. Officials have made a habit of using the supposed potential of the domestic market as an inducement for foreign investors. The stick of high tariffs together with the carrot of possible consumer demand growth should be enough to lure in people like Musk, they think. That said, theres a deeper story to be told here.
Prime Minister Narendra Modi wanted Elon Musk to open one of his Tesla "gigafactories" in the country, as part of its efforts to expand its long-moribund manufacturing sector;
Modi s Big Bet on Musk in India Might Just Work livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.