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Financial Express Lucknow

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July 17, 2025

Unlike Apple, Tesla's India debut is a half-hearted one, partly due to a cumbersome EV policy

After years of speculation, lobbying and negotiations, Tesla has finally entered India, albeit not in the manner the government would have wanted. Much like its approach with Apple, the government hoped to woo the US electric vehicle (EV) giant into establishing a manufacturing base in India, positioning the country as a global production hub. But Tesla, unlike Apple, resisted it, pushing instead for a reduction in import duties as a precondition to testing the waters. The Apple comparison is instructive. Both are iconic US-based companies with deeply entrenched manufacturing footprints in China. Apple began its India production journey around five years ago, on the back of the government's production-linked incentive scheme. That bet has paid off handsomely. In FY25, India now accounts for nearly 20% of global iPhone production, roughly 40 million units valued at $22 billion. Of these, about 80% were exported to key markets like the US and Europe. Apple CEO Tim Cook even declared that a majority of iPhones sold in the US this pa

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Financial Express Lucknow

Focus on education, skilling, employment

DIGITAL LEARNING, INDUSTRY-ALIGNED SKILLING

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1 mins

January 12, 2026

Financial Express Lucknow

Modi pitches stability as firms commit to state

PRIME MINISTER NARENDRA Modi on Sunday said India is passing through a phase of unprecedented certainty and political stability at a time when the global economy is facing prolonged uncertainty, positioning the country as a dependable destination for long-term investment.

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1 mins

January 12, 2026

Financial Express Lucknow

Govt seeks source code...

LAST MONTH, IT revoked an order mandating a state-run cyber safety app on phones amid concerns over surveillance.

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1 min

January 12, 2026

Financial Express Lucknow

Digi Yatra to add 17 airports as adoption rises to 30%

TRAVELLING THROUGH INDIAN airports is set to get faster and less stressful for a large chunk of Indian flyers as Digi Yatra gears up to add its biometric-based travel system across 17 additional airports during the current financial year.

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1 mins

January 12, 2026

Financial Express Lucknow

X admits lapse on Grok AI content; removes 3.5K posts, 600 accounts

COMPLIANCE PUSH

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1 min

January 12, 2026

Financial Express Lucknow

Integration & accountability to drive next phase

Co-founder and vice-chairman, AIONOS AI MARKS

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1 min

January 12, 2026

Financial Express Lucknow

Modi-Merz meet today; key agreements on agenda

INDIA AND GERMANY are set to sign a series of agreements on semiconductors, critical minerals, skill development, and a defence and security roadmap during German Chancellor Friedrich Merz's meeting with Prime Minister Narendra Modi in Ahmedabad on Monday.

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1 mins

January 12, 2026

Financial Express Lucknow

In search of differentiation

MATTRESS MAKERS ARE HANGING THEIR HATS ON EMOTION, NOT SPECS

time to read

2 mins

January 12, 2026

Financial Express Lucknow

Goods shipments to China buck trend, grow at a fast clip

INDIA'S SHRIMP EXPORTS facing tariffs up to 58% in the US have found a new, fast-growing market in China.

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1 mins

January 12, 2026

Financial Express Lucknow

RBI advocates disclosure of NPA; banks approach CIC

FOUR MAJOR BANKS — Bank of Baroda, RBL Bank, Yes Bank and State Bank of India — have approached the CIC objecting to the disclosure of information such as the list of defaulters and NPA, penalties and inspection reports, even as the RBI termed the records “liable to be disclosed” under the RTI Act.

time to read

1 min

January 12, 2026

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