Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Tesla Expected Soon, According To Gujarat Industry Minister

- Advertisement -

Gujarat’s Industry Minister Balvantsingh Rajput specifically stated that advanced discussions are underway for potential investment from Tesla.

Gujarat’s Industry Minister Balvantsingh Rajput revealed in a recent press conference, in response to a journalist’s question, that Tesla is among the companies currently being considered for investment in the state. He emphasized that there are ongoing discussions with several firms at high levels, expressing optimism about the outcomes.

Elaborating further on the matter, SJ Haider, the Additional Chief Secretary of the Industries and Mines Department, highlighted that Gujarat operates under more than 20 investor-friendly policies, showcasing the state’s commitment to being policy-driven, as reported by ANI.

- Advertisement -

Elon Musk, Tesla’s CEO, had previously announced in June of the previous year his plans to visit India in 2024. He expressed eagerness for Tesla’s entry into the Indian market, aiming to make it happen “as humanly possible.” Musk also mentioned that he was invited by Prime Minister Modi and expressed his gratitude towards the PM for his support, hinting at future announcements regarding Tesla’s ventures in India.

However, Tesla has raised concerns about India’s high import duty structure, which ranges from 25 to 100% on completely built unit vehicles (CBUs), a point noted by ANI in their reporting.

In an encouraging development, India’s Minister of Commerce and Industry, Piyush Goyal, visited Tesla’s manufacturing unit in Fremont last November. During his visit, he mentioned that Tesla was planning to double its imports of components from India, a move that underscores the increasing significance of Indian auto component suppliers in Tesla’s electric vehicle supply chain. Goyal expressed his pride in this growing relationship.

- Advertisement -

Most Popular Articles

Aryaman Raghuvanshi
Aryaman Raghuvanshi
Aryaman Raghuvanshi is a Journalist at EFY. His passion is to explore the future of mobility, which gets him to cover latest technologies shaping the future of automobiles and EVs. But, at times he writes on broader technologies too. LinkedIn: https://www.linkedin.com/in/aryaman-raghuvanshi-2431b7153

Delhi Extends EV Policy To Combat Pollution, Boost Adoption

0
As Delhi chokes with its repeated hazardous AQI, Delhi extends its EV policy until March 2025 to boost electric vehicle adoption while a new...

INOXAP, ReNew Partner For Eco-Friendly Solar Cell Manufacturing

0
Boosting eco-friendly production of solar PV cells, INOXAP kicks off industrial gas supply for ReNew’s solar plant in Gujarat, claiming to drive India’s clean...

Germany Plans $2 Billion Boost For Semiconductor Industry

0
Attempting to reduce reliance on Asian suppliers under the European Chips Act, Germany might invest $2.11 billion in advanced chip factories to ensure Europe's...

Element14 Expands Sensor Portfolio With Roxspur Range From TT Electronics

0
This expansion, featuring technologies for aerospace, defense, and industrial sectors, offers customers a comprehensive selection of reliable solutions for demanding applications. element14, has announced the...

ESA Funds €34.6M For Open Cosmos’ Satellite Mission

0
Launching three satellites to study Earth's magnetic field and ionosphere, starting in 2026, the European Space Agency has sanctioned €34.6 million to Open Cosmos-led...
Andy C Mackie, Principal Engineer - Advanced Materials, Indium Corporation

“Our Multi-Alloy System Enables Solder Joints To Form At Lower Processing Temperatures Without Sacrificing...

0
Liquid metal-based thermal solutions offer efficient cooling but face challenges like spillage and reliable thermal resistance in ultra-thin layers. Akanksha Sondhi Gaur and Nijhum...
S.K. Yadav of RIGOL Technologies

“Our India Business Is $2 Million, With A Goal To Reach $6 Million” –...

0
In a chat with EFY’s Nitisha, S.K. Yadav of RIGOL Technologies highlights the company’s journey in India, shedding light on its growth prospects and...
Bejoy George, Managing Director- Chipmax Designs Private Limited,

“We Are Advancing R&D Projects To Develop Modular Assembly Lines With Adaptive Robotics” –...

0
How do you envision technological progressions influencing the future of manufacturing operations? Get informed from Electronics for You’s Akanksha while in dialogue with Bejoy...
Srinivas Parikshith, Co-founder of Auckam Technologies

“We Anticipate Turnover Reaching 40 Million Rupees Next Year With The New Product Line”...

0
Discussing the electronics manufacturing sector, Srinivas Parikshith, Co-founder of Auckam Technologies, talked to EFY’s Nitisha Dubey about their expansion plans to set up a...

“We Bring Intelligence Early On Into The Design Cycle” – Michel Van Cotthem VP...

0
With a solution embedding intelligence early in the design-to-source lifecycle, Supplyframe aims to leverage India’s electronics manufacturing boom. At IEW 2024, Michel Van Cotthem...

HKTDC Electronics Fair Sparks Innovation, 60,000+ Participants!

0
Showcasing cutting-edge tech, global innovation, and booming markets for the future of electronics, HKTDC’s Hong Kong Electronics Fair and electronicAsia drew 60,000+ professionals. Last month,...
Applied Materials Representational Image

Applied Materials Selects Six Startups For Deep-Tech Accelerator Programme

0
The selected deep-tech startups will be evaluated for investment by Applied Ventures and potential collaboration opportunities with Applied Materials. In collaboration with the company's India...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

Industry's Buzz

Delhi Extends EV Policy To Combat Pollution, Boost Adoption

0
As Delhi chokes with its repeated hazardous AQI, Delhi extends its EV policy until March 2025 to boost electric vehicle adoption while a new...

INOXAP, ReNew Partner For Eco-Friendly Solar Cell Manufacturing

0
Boosting eco-friendly production of solar PV cells, INOXAP kicks off industrial gas supply for ReNew’s solar plant in Gujarat, claiming to drive India’s clean...

Germany Plans $2 Billion Boost For Semiconductor Industry

0
Attempting to reduce reliance on Asian suppliers under the European Chips Act, Germany might invest $2.11 billion in advanced chip factories to ensure Europe's...

Element14 Expands Sensor Portfolio With Roxspur Range From TT Electronics

0
This expansion, featuring technologies for aerospace, defense, and industrial sectors, offers customers a comprehensive selection of reliable solutions for demanding applications. element14, has announced the...

ESA Funds €34.6M For Open Cosmos’ Satellite Mission

0
Launching three satellites to study Earth's magnetic field and ionosphere, starting in 2026, the European Space Agency has sanctioned €34.6 million to Open Cosmos-led...

Learn From Leaders

Andy C Mackie, Principal Engineer - Advanced Materials, Indium Corporation

“Our Multi-Alloy System Enables Solder Joints To Form At Lower Processing Temperatures Without Sacrificing...

0
Liquid metal-based thermal solutions offer efficient cooling but face challenges like spillage and reliable thermal resistance in ultra-thin layers. Akanksha Sondhi Gaur and Nijhum...
S.K. Yadav of RIGOL Technologies

“Our India Business Is $2 Million, With A Goal To Reach $6 Million” –...

0
In a chat with EFY’s Nitisha, S.K. Yadav of RIGOL Technologies highlights the company’s journey in India, shedding light on its growth prospects and...
Bejoy George, Managing Director- Chipmax Designs Private Limited,

“We Are Advancing R&D Projects To Develop Modular Assembly Lines With Adaptive Robotics” –...

0
How do you envision technological progressions influencing the future of manufacturing operations? Get informed from Electronics for You’s Akanksha while in dialogue with Bejoy...
Srinivas Parikshith, Co-founder of Auckam Technologies

“We Anticipate Turnover Reaching 40 Million Rupees Next Year With The New Product Line”...

0
Discussing the electronics manufacturing sector, Srinivas Parikshith, Co-founder of Auckam Technologies, talked to EFY’s Nitisha Dubey about their expansion plans to set up a...

“We Bring Intelligence Early On Into The Design Cycle” – Michel Van Cotthem VP...

0
With a solution embedding intelligence early in the design-to-source lifecycle, Supplyframe aims to leverage India’s electronics manufacturing boom. At IEW 2024, Michel Van Cotthem...

Startups

HKTDC Electronics Fair Sparks Innovation, 60,000+ Participants!

0
Showcasing cutting-edge tech, global innovation, and booming markets for the future of electronics, HKTDC’s Hong Kong Electronics Fair and electronicAsia drew 60,000+ professionals. Last month,...
Applied Materials Representational Image

Applied Materials Selects Six Startups For Deep-Tech Accelerator Programme

0
The selected deep-tech startups will be evaluated for investment by Applied Ventures and potential collaboration opportunities with Applied Materials. In collaboration with the company's India...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...