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India is making significant strides in the automotive and tech manufacturing sectors. The country is increasing its production incentive from 30% to 40% with a cap of $3.6 million. Additionally, India is on the verge of finalizing an agreement with Tesla, allowing the US automaker to import its electric cars and establish a factory within two years. The deal could be announced at the Vibrant Gujarat Global Summit in January. Moreover, HP, Dell, and Lenovo, among 27 firms, have been granted approval to manufacture tech hardware in India under the incentive scheme. Furthermore, Tesla's next-generation platform vehicles are expected to be priced around $20,000 USD in India. In a related development, Apple is reportedly seeking to increase iPhone production in India, indicating a shift from declining shipments in China over the past seven years. Toyota is also planning to invest nearly $400 million for its third plant in India.
Toyota to invest nearly $400 mln for third plant in India https://t.co/hIzNNk6mwp https://t.co/k3RkN2Cgca
Tesla is closing in on a $2 billion factory deal in India, report says https://t.co/CJpy3hAGCQ by @fredericlambert
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/ag72lwjEYs
India 🇮🇳 is reportedly closing in on an agreement with Tesla $TSLA that would allow Tesla to ship its EVs to the country from next year and set up a factory within two years An announcement could come at the Vibrant Gujarat Global Summit in January Tesla would commit an initial… https://t.co/XM8skY9Yr5 https://t.co/QtkweVholP
#Apple sees record-breaking quarter even as India’s smartphone shipments slump 5% in Q3: Report https://t.co/RM8gpIfSDJ
#Apple is reportedly looking to ramp up #iPhone production in #India, a contrasting sign from declining shipments from #China over the last seven years. https://t.co/pDrlliXT4A
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/NAXjESwHbg
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/7uxNOAaiOF
#FPTech: #TeslainIndia by 2024, #ElonMusk’s EV company set to sign deal to start importing cars, set up $2bn factory https://t.co/8D3qqbzX5d
HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware in India under incentive scheme https://t.co/aSvQ7jH8eS
HP, Dell and Lenovo among 27 firms granted approval to manufacture tech hardware in India under incentive scheme https://t.co/qLT4AOEBg0
Tesla next gen platform vehicles will sell for around $20,000 USD in India
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/Pmdm1ifLSw
India Closer to Agreement With Tesla to Import EVs, Set Up Giga Gujarat https://t.co/F2AfTJNdew
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/BafOjJzzrO
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/y7SthBiuK2
India is closing in on an agreement with Tesla that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, sources say https://t.co/4h3L7aAtxb
India Increases Production Incentive From 30% To 40% With $3.6M Cap https://t.co/EB36KySr4a