Articles tagged with "India"
India offers zero taxes through 2047 to lure global AI workloads
India has introduced a significant tax incentive to attract global AI workloads by offering foreign cloud providers zero taxes through 2047 on revenues from services sold outside India, provided these services are run from Indian data centers. Announced by Finance Minister Nirmala Sitharaman in the annual budget, this tax holiday aims to position India as a competitive hub for AI computing investment amid a global surge in demand for cloud infrastructure. The budget also includes a 15% cost-plus safe harbour tax provision for Indian data-center operators serving related foreign entities. However, sales to Indian customers will be taxed domestically through local resellers. This move aligns with major investments by global tech giants such as Google, Microsoft, and Amazon, who have collectively pledged tens of billions of dollars to expand AI and cloud infrastructure in India. Domestic players like Digital Connexion and Adani Group are also investing heavily in large-scale AI-focused data center projects, signaling strong interest from both international and local investors. Despite these positive developments, challenges remain,
energydata-centersAI-infrastructurecloud-computingIndiainvestmentpower-shortagesIndia Gets 7-Seat Electric SUV for ... $32,900! - CleanTechnica
Mahindra Group, a leading Indian automaker, has launched the XEV 9S, India’s first fully electric seven-seat SUV built from the ground up on the INGLO architecture. This model marks a significant step in India’s slow progress toward transportation electrification, offering a spacious, comfortable, and family-friendly electric vehicle option. The XEV 9S features a 70 kWh battery (with a 79 kWh option on higher trims), 380 Nm of torque, and supports 180 kW fast charging, emphasizing both performance and convenience. Mahindra markets the SUV as providing “electric freedom” with ample space and comfort, addressing a gap in the Indian EV market that has been dominated by smaller, limited vehicles. Remarkably, the XEV 9S is priced at an accessible ₹19.95 lakh (approximately $32,900), making it one of the most affordable electric SUVs with seven seats outside of China. This pricing is notable given India’s lack of the
energyelectric-vehiclesEVSUVIndiaautomotivebattery-technologyAccel and Prosus team up to back early-stage Indian startups
Accel and Prosus have formed a new investment partnership to support early-stage Indian startups from their inception, focusing on founders developing large-scale solutions that can address systemic challenges in sectors like automation, energy transition, internet services, and manufacturing. This collaboration marks Prosus’s first foray into formation-stage investing, with both firms co-investing from the earliest days. The partnership expands Accel’s Atoms X program, which targets “leap tech” startups aiming to create innovative Indian models rather than simply adapting global business ideas. The initiative seeks to provide substantial early capital to startups tackling population-scale problems, helping them avoid multiple rounds of fundraising before achieving meaningful traction. Prosus has committed to matching Accel’s investments in each company, with initial checks ranging from $100,000 to $1 million, potentially increasing over time. Unlike traditional late-stage investments, Prosus is less focused on immediate equity stakes and more on identifying the next major Indian tech successes akin to Swiggy or Meesho. The
energystartupsinvestmentautomationdigital-economyIndiatechnology-innovationWhy Electrifying Motorcycles In India Is Important - CleanTechnica
The article from CleanTechnica highlights the critical importance of electrifying motorcycles in India, where two-wheelers constitute over 70% of all mobility and consume 60% of the country's gasoline. Despite scooters achieving around 20% electric vehicle (EV) penetration, motorcycles lag significantly at just 0.1%, leaving a vast segment of the market reliant on petrol-powered vehicles. India has approximately 250 million motorcycles, nearly all petrol-fueled, with 20 million new sales annually. Given that motorcycles make up two-thirds of two-wheelers and are widely used across Indian cities—many of which suffer from severe air pollution—transitioning to electric motorcycles is essential for reducing harmful emissions and improving public health. Ultraviolette, an Indian electric motorcycle manufacturer, currently offers two models, the F77 Mach 2 and F77 Superstreet, and plans to launch a scooter (Tesseract) and an adventure bike (Shockwave) by early 2026, with over 70
electric-motorcyclesIndiaclean-energyelectric-vehiclestwo-wheel-mobilityEV-adoptionsustainable-transportationSkipping The ICE Age: India’s Unique Path To Electric Mobility - CleanTechnica
India’s electric vehicle (EV) market is evolving under unique conditions that differ markedly from those in the US, Europe, or China. With low per capita car ownership, dominance of two-wheelers in personal transport, and the integral role of three-wheelers in urban mobility, India faces limited internal combustion engine (ICE) infrastructure outside major cities. This scenario creates barriers to ICE growth and presents an opportunity for EVs to bypass traditional hurdles, similar to India’s leapfrogging in mobile telecommunications and digital payments. Two-wheelers, which make up about 75% of registered vehicles, are easier to electrify due to their lower cost and range needs. Domestic manufacturers such as Ola Electric, Ather, and TVS are expanding affordable electric models, supported by subsidies, making electric scooters competitive with petrol variants, especially for high-usage segments like delivery services. Three-wheelers, particularly electric rickshaws, are experiencing rapid electrification, already dominating sales in some regions due to cost efficiency
energyelectric-vehicleselectric-mobilityIndiaelectric-scooterselectric-rickshawstransportation-electrificationTesla Starts Selling Vehicles in India — Finally - CleanTechnica
Tesla has officially begun selling vehicles in India, launching a store in Mumbai where customers can purchase the Tesla Model Y. This marks a significant milestone after years of delays and negotiations. However, due to India’s steep import tariffs—70% on electric vehicles plus a 30% luxury tax—the Model Y’s starting price in India is approximately $69,800, substantially higher than the $44,990 price in the U.S. This pricing positions Tesla’s offering as a luxury product in India, limiting its appeal to affluent buyers rather than the mass market. Tesla is also planning to open a store in New Delhi and expand its ecosystem with service centers, charging stations, and logistics hubs. Despite India being the world’s third-largest auto market, high tariffs have historically hindered foreign automakers’ success. Tesla’s CEO Elon Musk had sought tariff exemptions but ultimately abandoned those efforts. While India’s new EV policy encourages local manufacturing to reduce duties, Tesla has not yet committed to building production facilities in the country
energyelectric-vehiclesTeslaautomotive-marketIndiaEV-tariffsclean-energyTesla reportedly close to starting sales in India
Tesla is reportedly close to launching sales of its electric vehicles in India, with plans to open its first showroom in Mumbai and begin deliveries as early as August 2025. This move follows years of consideration and aligns with Tesla’s broader strategy to enter new markets as demand in established regions plateaus. The company has also recently expanded into Saudi Arabia, signaling a push into diverse international markets. However, Tesla faces significant challenges in India, primarily due to high import duties of around 70% on vehicles manufactured abroad, which could impact pricing and competitiveness. Although Tesla previously engaged in talks with the Indian government about building a local factory, the company ultimately did not proceed with establishing manufacturing operations in the country. The launch in India marks a cautious but important step for Tesla as it navigates regulatory and market hurdles in one of the world’s largest potential EV markets.
energyelectric-vehiclesTeslaIndiaautomotive-industryclean-energyEV-salesAlt Carbon scores $12M seed to scale carbon removal in India
energycarbon-removalclimate-techsustainable-agricultureenhanced-rock-weatheringenvironmental-impactIndiaInterview With Carbon Removal India CEO Asitava Sen On Scaling CDR In India
energycarbon-removalclimate-changesustainable-agricultureagribusinessIndiaCDRIndian court orders blocking of Proton Mail
Proton-MailIndiacourt-orderemail-securityKarnataka-High-CourtInformation-Technology-Actcensorship