🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Tesla in talks with Reliance for rolling out manufacturing JV in India: Reports
Money Control
·
1y ago
Medial
Tesla is reportedly in talks with Indian conglomerate Reliance Industries Limited (RIL) for a potential joint venture to establish a manufacturing facility in India. While the specifics of RIL's role are yet to be finalized, it is expected to play a significant part in setting up the manufacturing unit and supportive ecosystem for Tesla in India. This move follows RIL's recent ventures in the electric vehicle sector. Tesla is believed to have allocated $2 billion for its operations in India, with Maharashtra being considered as the preferred location for the manufacturing plant.
View Source
Related News
Elon Musk's Tesla in talks with Reliance to set up Indian operations: Report
Livemint
·
1y ago
Medial
Tesla is reportedly in talks with Reliance Industries to establish a joint venture and manufacturing facility in India. The discussions, which have been ongoing for over a month, would see Reliance playing a significant role in setting up the facility and the necessary ecosystem for Tesla in the country. Elon Musk's team had previously scouted for potential sites for a $2-3 billion electric car plant in India, and Tesla is also looking to increase purchases of auto components from the country.
View Source
Elon Musk To Meet PM Modi In April, Disclose Investment Plans
Inc42
·
1y ago
Medial
Tesla CEO Elon Musk is expected to visit India later this month and meet with Prime Minister Narendra Modi. During the meeting, Musk may announce plans to invest in and establish a new manufacturing facility in the country. Talks are also underway between Tesla and Reliance Industries for a potential joint venture. India has recently reduced import taxes on electric vehicles in an effort to encourage investment and domestic manufacturing. Tesla is looking to enter the Indian market, as demand for EVs in its primary markets of the US and China has been declining.
View Source
Tesla Seeking Partnership With Reliance For EV Manufacturing Unit In India
Inc42
·
1y ago
Medial
Tesla is reportedly in talks with Reliance Industries for a potential joint venture to establish a manufacturing facility in India. The discussions have been ongoing for over a month, and while the details of Reliance Industries' role are not yet defined, it is expected to play a significant part in setting up the facility and the accompanying ecosystem. Tesla has expressed interest in entering the Indian electric vehicle market, and is preparing for its first major shipment into the country.
View Source
China’s Huaqin Seeks JV With Bhagwati For India Entry
Inc42
·
1y ago
Medial
Chinese ODM Huaqin is reportedly in advanced discussions with Indian OEM Bhagwati Products for a joint venture to enter the Indian market. The JV would allow Huaqin to establish its presence in India as an ODM and EMS player, while also benefiting Bhagwati Products by securing projects from Chinese smartphone brands such as Oppo, Vivo, and Realme. This comes after Huaqin's previous talks with Lava for a joint venture fell through due to investigation by the Enforcement Directorate in a money laundering case. The move is part of India's efforts to boost domestic manufacturing and reduce reliance on imports.
View Source
RIL Tata JV: Mukesh Ambani's Reliance mulls buying 29% stake in Tata Play
Livemint
·
1y ago
Medial
Mukesh Ambani's Reliance Industries (RIL) is reportedly in talks to acquire a 29.8% stake in Tata Play, the satellite TV and streaming service owned by Walt Disney. This potential deal would expand RIL's presence in the television distribution sector, potentially creating a major media powerhouse in India. RIL is also in merger talks with Disney to create a media behemoth, with Reliance potentially investing $1.5 billion for a 60% stake. RIL's share price recently hit a record high, propelling its market capitalization to nearly ₹20 lakh crore.
View Source
Tesla, RIL in talks for EV plant; Nippon Life India AIF to launch second fund
VCCircle
·
1y ago
Medial
Tesla and Reliance Industries (RIL) are reportedly in discussions to form a joint venture for manufacturing electric vehicles (EV) in India. The talks, which have been ongoing for over a month, are still in the early stages. The collaboration could have significant implications for the EV market in India, as both companies possess expertise in the sector. However, the exact nature of RIL's involvement in the partnership is not yet clear.
View Source
Now, Tesla Mulls Foray Into India’s Rooftop Solar Panel Market
Inc42
·
1y ago
Medial
Tesla is reportedly planning to enter India's rooftop solar panel manufacturing market. The company has approached the government with its plans and requested subsidies. Tesla will partner with a selected company to set up the manufacturing plant while bringing its technology and sales expertise. This move aligns with the Indian government's initiative to generate solar energy and provide free electricity to 10 million households. Additionally, Tesla is in advanced talks to establish a battery manufacturing plant and manufacturing Tesla cars in India. The negotiations for the first manufacturing unit are in the final stages. Starlink, Elon Musk's satellite broadband service, is also expected to launch in India soon.
View Source
Tesla CEO Elon Musk postpones India visit for unknown reasons: Report
Livemint
·
1y ago
Medial
The planned visit of Elon Musk, the CEO of Tesla, to India has been postponed for undisclosed reasons. It was reported that Musk's schedule may have clashed with another engagement. Musk had expressed his anticipation to meet with Prime Minister Narendra Modi in India. Tesla has been lobbying India to lower import taxes on electric vehicles as it considers setting up a factory in the country. There have also been talks of Tesla forming a joint venture with Reliance Industries to establish an EV facility in India. Additionally, Musk's satellite venture Starlink is awaiting approval for its license application in India.
View Source
India commerce minister to meet Tesla's Musk amid market entry talks
Reuters
·
1y ago
Medial
Indian Commerce Minister Piyush Goyal is set to meet with Tesla CEO Elon Musk in the United States to advance Tesla's entry into the South Asian market. Discussions will include Tesla's plans for an Indian factory and manufacturing a $24,000 car locally. They will also address the possibility of India reducing import taxes on electric vehicles (EVs) for automakers that commit to local manufacturing. This meeting aims to ensure talks are progressing favorably between India and Tesla.
View Source
Jupiter Wagons rallies 4% on Rs 271-crore Bonatrans acquisition
Money Control
·
1y ago
Medial
Jupiter Wagons saw a 4% surge in its share prices after completing the acquisition of Bonatrans India for Rs 271 crore. This purchase has made Bonatrans India a subsidiary of Jupiter Wagons. Bonatrans India, based in Aurangabad, Maharashtra, manufactures rolling stock wheelsets with a production capacity of 20,000 wheels and 10,000 axles annually. By acquiring this company, Jupiter Wagons aims to enhance its self-reliance and operational efficiency while reducing reliance on imported wheels. Additionally, Jupiter Wagons recently secured a Rs 957-crore contract from the Ministry of Railways for manufacturing and supplying BOSM Wagons.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/cloudfront-us-east-2.images.arcpublishing.com/reuters/KFUBR42U4NIILKXDLGOC4RCTB4.jpg)
