Try GOLD - Free
Tesla's India entry may not disrupt PV market in near term
The New Indian Express Villupuram
|July 17, 2025
Tesla's entry into the Indian market is unlikely to disrupt the existing electric passenger vehicle (PV) segment in the near term, but the US automaker has strong potential to emerge as a key player in the coming years.
"While the premium EV segment remains niche, it is growing rapidly, driven by India's rising millionaire population and their appetite for high-tech vehicles," said Puneet Gupta, director of India & ASEAN auto market at S&P Global Mobility.
Industry data shows luxury EV sales surged 66% year-on-year between January and May 2025. These vehicles account for 11% of total luxury car sales, up from 7% in the same period last year.
This story is from the July 17, 2025 edition of The New Indian Express Villupuram.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Villupuram
The New Indian Express Villupuram
Tax dept intensifies action against fake deductions
THE tax department has intensified its action against bogus claims of deductions and exemptions under the Income Tax Act, using a data-driven approach to identify suspicious filings and intermediaries facilitating tax evasion.
1 min
December 14, 2025
The New Indian Express Villupuram
Madras HC refuses to stop research groups from publishing articles against educational institute
THE Madras High Court has refused to grant mandatory interim injunction against two research groups - India Research Watch and Retraction Watch - against publishing articles criticising and questioning the claims of Saveetha Institute for Medical and Technical Sciences (SIMATS) on its academic and research performance.
1 mins
December 14, 2025
The New Indian Express Villupuram
With education as cornerstone of growth, Puducherry makes major strides in literacy
PUDUCHERRY'S renewed thrust on education is reshaping the union territory's social landscape, with the administration positioning learning, accessibility and opportunity at the heart of its development agenda.
1 mins
December 14, 2025
The New Indian Express Villupuram
INDIA CHOKES AS POWER PLAYS ON
POWER & POLITICS
5 mins
December 14, 2025
The New Indian Express Villupuram
Major thrust on welfare of SCs and STs for an inclusive society
OVER the past four years, the Puducherry government has placed notable emphasis on strengthening welfare measures for Scheduled Castes (SC) and Scheduled Tribes (ST), translating its commitments to inclusion into a broad slate of social, economic and educational interventions.
1 min
December 14, 2025
The New Indian Express Villupuram
Building a stronger, steadier tomorrow
PUDUCHERRY is stepping into a new era, one defined by stronger roads, smarter cities, and forward-looking governance.
2 mins
December 14, 2025
The New Indian Express Villupuram
The Great Indian Aviation Robbery
The breakdown was not sudden, though it felt that way to those of us trapped in the glass-and-steel belly of Mumbai’s Chhatrapati Shivaji Maharaj International Airport that day.
4 mins
December 14, 2025
The New Indian Express Villupuram
Sebi chief seeks CAs’ help for robust market system
SEBI chairman Tuhin Kanta Pandey has sought active cooperation of chartered accounts (CAs) to build a stronger financial market architecture with standardised complex valuations by ensuring that price assumptions are consistent, transparent, and welldocumented.
1 min
December 14, 2025
The New Indian Express Villupuram
Zero maternal death: UT sets new benchmark in healthcare
P UDUCHERRY continues to reinforce its reputation as a model in quality healthcare delivery, driven by sustained investment in medical infrastructure, technology, and human resources.
1 min
December 14, 2025
The New Indian Express Villupuram
The Wars Behind the War
Even before the first shots of 1971 were fired, India was quietly arming and training the Mukti Bahini as Pakistani troops unleashed a campaign of rape and mass murder across East Bengal. With the US firmly backing Pakistan, Indira Gandhi openly cocked a snook at Washington—turning diplomacy into defiance and resolve into battle
6 mins
December 14, 2025
Listen
Translate
Change font size