Tesla on its way in? Temper expectations.

Tesla has started production of a limited number of its standard brands to compete in the Indian market in its factory in Germany | Latest News India

Currently, Tesla’s Shanghai gigafactory, the main export hub and its largest manufacturing facility, ships to Thailand and Singapore and will soon start exporting to Malaysia.

The government is a believer in the transformative potential of a single large  investor. It was a success with Apple and TSMC, and it may well be with Tesla, too.

Morgan Stanley has upgraded its view on Indian markets to "overweight" from "equal weight", citing easing valuations as compared to October 2022, when the global brokerage identified the onset of a new bull market in Asian and emerging market equities.

The reality is that money supply has gone down precipitously. It is an amazing and that means that inflation will be coming down. It is already happening. So, I believe the central banks are being maybe too cautious at this stage.

VinFast, a small electric vehicle (EV) maker backed by Vietnam's largest conglomerate, is expanding into India. The company plans to establish a $2 billion EV facility in Tamil Nadu and intends to build a nationwide dealership network. VinFast aims to offer affordable alternatives to Tesla in the Indian market and capitalize on the growing demand for EVs. Despite the challenges of the Indian EV industry, VinFast could have an advantage as one of the first EV-only companies operating in the country.

After being downgraded to neutral earlier in the year, India has rebounded and is now one of the top-performing emerging markets thanks to its encouraging GDP data, which has cemented its position as one of the fastest-growing economies globally. Strong earnings growth prospects, combined with swelling bids from both domestic and foreign investors, make Indian equities an attractive investment opportunity, despite rich relative valuations, according to Ridham Desai, managing director, Morgan Stanley India. Foreign portfolio investors have poured in more than $6.8bn into Indian markets since March.

India Business News: NEW DELHI: There is healthy and tough competition in the Indian market, which is also price sensitive, the country's largest airline IndiGo's chief Pi.

Thanks to foreign investors' relentless buying, the benchmark Nifty50 and Sensex have risen more than 15% from the March lows and reached new highs. Indian equities also joined the club of the best-performing markets in 2023. However, compared to other emerging and developed market peers, India underperforms.

Over a year ago, talks between the world’s largest-selling passenger EV maker and the Centre reached a stalemate as the government refused to consider its demand for lowering duties on imported electric cars unless it firmly committed to setting up a manufacturing facility in the country.