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Tesla's first showrooms in India may have enough space to park a 100 cars

Tesla s first showrooms in India may have enough space to park a 100 cars
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The company is reportedly looking for commercial properties which have 20,000 to 30,000 square feet of space.
The company has reportedly shortlisted New Delhi, Mumbai and Bengaluru to open showrooms and service centres.
Tesla India Motors and Energy Private Limited was incorporated, on January 8, in India’s southern state of Karnataka.California-based electric car titan Tesla, Inc. is reportedly searching for a space to set up their first showroom in India. The company, founded by
Elon Musk, has also hired an executive to lobby with the government, according to a ....

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Why Tesla's India Investment Has Been Routed Via Holland

Why Tesla s India Investment Has Been Routed Via Holland
Why Tesla s India Investment Has Been Routed Via Holland
Sridhar Ramachandran, from Grant Thornton Bharat, said that that the tax benefits related to capital gains & dividends would give Tesla benefits.
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Highlights
The treaty between India and Netherlands is at the heart of this
Tesla is expected to launch the Model 3 later this year in India
Last week it was revealed that Tesla had incorporated an Indian entity. It was also revealed that Tesla is setting up base in Bangalore, however, now it has been revealed that Elon Musk s company has routed the investment in the Indian venture via Amsterdam. Tesla Motors Amsterdam is the parent of Tesla India Motors and Energy India. ....

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Two reasons why Elon Musk routed Tesla's India venture via Amsterdam

Two reasons why Elon Musk routed Tesla’s India venture via Amsterdam
Navdeep YadavJan 18, 2021, 18:22 IST
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According to an Economic Times report, Tesla Motors and Energy, India incorporation document says that the Tesla Motors Amsterdam is the parent of the Indian subsidiary and not the US arm.
The billionaire and the owner of Tesla,
Elon Musk, has chosen the tax-friendly jurisdiction of the Netherlands to route its India investment.
Sridhar Ramachandran, a tax partner at Grant Thornton Bharat, told Business Insider this route would help Tesla with tax benefits related to capital gains and dividend payments. Billionaire and the owner of Tesla, Elon Musk, has chosen the tax-friendly jurisdiction of the Netherlands to route its India investment. According to an ....

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