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Elon Musk: Electric cars will drive on Indian roads soon


Recently, there were reports that Tesla is officially entering the Indian market by registering a company in Bangalore. Now, Tesla CEO, Elon Musk, has said that he will fulfill his promise to let his electric cars drive on Indian roads. According to reports, Tesla has registered and established a company called “Tesla India Automotive and Energy Private Limited ” in Bangalore, India on January 8.
For a long time, Tesla has been trying to enter the Indian market. However, due to lack of infrastructure, policies, and the market, these attempts have failed. In the past few months, there have been more rumors about Tesla seeking to establish a production or R&D center in India. ....

Nitin Gadkari , Elon Musk , Energy Private , India Automotive , Energy Private Limited , Road Traffic , Karnataka Chief Minister , நிடின் கட்காரி , ஆற்றல் ப்ரைவேட் , இந்தியா தானியங்கி , ஆற்றல் ப்ரைவேட் வரையறுக்கப்பட்டவை , சாலை போக்குவரத்து , கர்நாடகா தலைமை அமைச்சர் ,

India Automotive Market Report 2020: Hatchback Segment Held the Largest Market Share of 49.17% in 2019


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The India Automotive market demand is expected to reach 6,920,991 units by 2027 and anticipated to register a CAGR of 11.3% from 2020 to 2027.
The automotive demand is driven by the rapid adoption of technology and the strong policy support from the government. Additionally, increasing awareness about environmental concerns resulting in the adoption of alternate fuel vehicles (CNG, EVs), which, in turn, is driving the market growth.
Technological advancements in the entire supply chain are anticipated to drive the market in the next seven years. For instance, companies are adopting alternate channels such as e-commerce websites to sell vehicles. Selling commercial vehicles through e-commerce websites helps the OEMs in widening their distribution network and reducing the infrastructure and labor costs. ....

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