Indian Economy

Tesla is currently testing Model Y facelift in and around Pune. Model Y was seen running on Mumbai-Pine expressway, pics from T-BHP:


View: https://x.com/ashishpol86/status/1912160113525239977

Tesla will be offering CBU units initially and exploring the option of entering into a contract manufacturing arrangement.
​

[Tesla has approached a Japanese automaker and an Indian carmaker to explore the possibility of utilising their spare capacity.​
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Source: Home News Tesla Eyes Contract Manufacturing for India Entry, Holds Talks with Automakers Tesla Eyes Contract Manufacturing for India Entry, Holds Talks with Automakers

Another Rumor: online bookings for Model Y will begin in May with deliveries starting 6 weeks after that. Pricing mentioned was in the 40+ lacs ballpark.

Tesla has also imported Model 3 for homologation in India along with Model Y facelift and will be offering it later.​
 
Alphabet Inc shifts Google Pixel production from Vietnam to India amid US tariff concerns

economictimes.indiatimes.com

Alphabet Inc shifts Google Pixel production from Vietnam to India amid US tariff concerns

Alphabet is in discussions with Dixon Technologies and Foxconn to shift Google Pixel smartphone production to India, particularly for US-bound devices, due to potential tariffs on Vietnam. The company aims to mitigate sourcing risks and is exploring localizing components within India.
economictimes.indiatimes.com economictimes.indiatimes.com

Flipkart gets board’s nod to shift domicile to India

economictimes.indiatimes.com

Flipkart gets board’s nod to shift domicile to India

With its flip back, Flipkart will join a swathe of new-age firms, which have redomiciled themselves to India. Fantasy sports platform Dream11, earlier this year, moved its base from the US to India – in what was the first startup to do so under the newly implemented fast-track route.
economictimes.indiatimes.com economictimes.indiatimes.com
 
Azaad said:

View: https://twitter.com/lakshmishaks/status/1913458769578598617?s=19

Finally somebody said it out loud .
Click to expand...


1745295959719.webp


Automotive Industry in our country is screwed partially due to Government Babus illogical tax brackets and General struggle by Companies to handle the taxation issue.

With regarding to Illogical taxation, this is how it is, leave the GST. This 4m, less than 4m rule is creating an issue for long time. Example someone like VW, Mahindra had this issue, Example VW had great success with Polo but due to Polo growing every gen it got breached the 4m and taxation screwed the price. Now VW cannot sell the product with same competitive price. Remember VW in India is basically an Indian company and they need to pay Jizya to German HQ. Same with Mahindra the current 3XO is actually an Creta rival but Mahindra decided to chop the boot which is resulted in some shitty back end. Otherwise the 3XO design with original dimension is cool looking car. TATA Curvv was looking incomplete as they wanted to make sure it is 4.3m.

Brezza is taxed higher since it is using an 1500CC engine. But it is an cheaper car if taxation is simpler. Lot of hatchbacks in our country needs an bumper cut due to 4m rule. These over regulations killed the small car segment now.

On the plus side, this bring some innovation like small turbos like 1.0L Boosterjet from MSIL, 1.0L Turbo from Nissan/Renualt, 1.2L Puretech Turbo from Citroen, 1.2L Hyperion from TATA, 1.2L MStallion from Mahindra.

They also don't give an tax cut for Hybrid since mahindra, MSIL gamed them previously by selling Micro Hybrid as Hybrid.


Ideally they should cut down taxation on Length, Engine capacity and moves to taxation based on Emission level. In this way ICE will be taxed more, Hybrid less and EV will be lowest. Also can bring Taxation on Indigenous content percentage on Manufacturer. If they bring supply chain here, give them tax cut. So we can have full supply chain in India.
 
This isn't a good sign. But what can we do when we have dehati population who is willing to vote anybody for money.
www.cnbctv18.com

Maharashtra contractors claim ₹89,000 crore in dues, say payments stalled since rollout of Ladki Bahin Scheme - CNBC TV18

The associations claim that payment is pending from various departments, including the Public Works Department (PWD), Rural Development, Jal Jeevan Mission, and others. Of the total ₹89,000 crore, more than half, around ₹46,000 crore, is said to be pending from the PWD alone.
www.cnbctv18.com www.cnbctv18.com
1000031373.webp
 
Satish Sharma Ji said:
This isn't a good sign. But what can we do when we have dehati population who is willing to vote anybody for money.
www.cnbctv18.com

Maharashtra contractors claim ₹89,000 crore in dues, say payments stalled since rollout of Ladki Bahin Scheme - CNBC TV18

The associations claim that payment is pending from various departments, including the Public Works Department (PWD), Rural Development, Jal Jeevan Mission, and others. Of the total ₹89,000 crore, more than half, around ₹46,000 crore, is said to be pending from the PWD alone.
www.cnbctv18.com www.cnbctv18.com
View attachment 31211
Click to expand...
Not trying to defend maha gormint here, but this kind of stuff happens pretty often in pretty much every state, somehow this got spun into some unprecedented thing and got connected with ladki behen
 
eastern_bhartiya said:
Not trying to defend maha gormint here, but this kind of stuff happens pretty often in pretty much every state, somehow this got spun into some unprecedented thing and got connected with ladki behen
Click to expand...
I'm neither blaming gobermint it's the dehati population in india, here opposition even promised 3000rs imagine then
 
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