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Tesla in India? Not likely anytime soon

Tesla in India? Not likely anytime soon
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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Maruti Suzuki-IIM Bangalore partnership for incubation of 26 mobility startups

The selected ventures will undergo a three-month pre-incubation journey and a six-months incubation journey.
Maruti Suzuki India on February 26 said it has partnered with Indian Institute of Management Bangalore to foster and encourage innovative startups in the country.
As part of the partnership, the auto giant, along with Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) the startup hub at the IIMB, has shortlisted 26 mobility startups for a nine-month extensive incubation programme.
“It will help startups channelise their efforts in bringing industry-ready solutions and becoming large scale businesses,” the company said in a statement.
The selected ventures will undergo a three-month pre-incubation journey, during which they will be engaged in various sessions, workshops, peer-to-peer learning activities and receive one-on-one mentoring. ....

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Tesla in India? Not likely anytime soon- Business News

Tesla in India? Not likely anytime soon
Sources in the Karnataka state government said that there is still no concrete proposal for setting up of a manufacturing unit by the company
Rukmini Rao | February 15, 2021 | Updated 09:38 IST
Tesla in India? Here s what s happening
While Karnataka state government s comments on the Union Budget stated, Tesla would be setting up a manufacturing plant in the state, a senior official who did not wish to be named told BusinessToday.In that the government has still not received any concrete proposal for the company. He added that there has been no further development in the allotment of land process for the company even though the government has indicated two places. ....

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Elon Musk's Tesla to take tax-friendly jurisdiction route to enter India

Elon Musk s Tesla to take tax-friendly jurisdiction route to enter India
Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with a paid-up capital of Rs 1 lakh and three directors. Its registered address is in the heart of the city, barely a kilometre from the high profile UB City complex
BusinessToday.In | January 18, 2021 | Updated 12:59 IST
Tesla CEO Elon Musk
As US-based electric car maker Tesla Inc plans its India entry this year, it has taken a tax-friendly jurisdiction route. The route taken by Elon Musk-led Tesla will allow it to avail benefits on capital gains and dividend payments. Also, the European country s strong intellectual property (IP) framework will allow Tesla to bring the latest technology to the country. ....

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Tesla incorporates firm in Bengaluru with 3 directors, scouts for land

Tesla incorporates firm in Bengaluru with 3 directors, scouts for land
Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein have been appointed as directors of Tesla India; it has been incorporated as a private unlisted company
Sumant Banerji | January 12, 2021 | Updated 22:23 IST
Tesla CEO Elon Musk had said in 2020 that the company will begin its India foray next year for sure
Ahead of its highly anticipated launch in India, electric vehicle major Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with an paid up capital of Rs 1 lakh and three directors. The registered address of the company, which is likely to be its headquarter, is in the heart of the city, barely a kilometre from the high profile UB City complex. ....

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