India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
US, Spain, Thailand, China, Tokyo, Munich, and more will showcase Marriott International's trailblazing luxury experiences, offering transformative travel in 2025. At the International Luxury Travel Market (ILTM) in Cannes, Marriott International, Inc. has unveiled an exciting new phase of global expansion. The Luxury Group is introducing a range of innovative brand extensions, including luxury tented camps, remote lodges, and personalized experiences, all designed to elevate Marriott's position as a global leader in premium hospitality. With a portfolio that includes renowned names such as The Ritz-Carlton, St. Regis Hotels & Resorts, W Hotels, The Luxury Collection, EDITION, JW Marriott, and Bvlgari Hotels & Resorts, the company is pioneering a transformative vision of travel. This new approach invites guests to go beyond traditional luxury and embark on immersive cultural journeys that offer deep, meaningful exploration. The Luxury Group's expansive portfolio now boasts over 529 properties across 73 countries and territories, with three highly anticipated hotel openings in late 2024 in sought-after and emerging global destinations. Marriott's luxury portfolio is set for further growth, with more than 260 luxury hotels and resorts currently in the development pipeline, including over 30 properties scheduled to open in 2025. In the coming years, luxury travel is expected to evolve rapidly as new demographic shifts, changing traveler motivations, and emerging spending patterns redefine the industry. The global wealth transfer, estimated at $80 trillion USD over the next two decades, is particularly influencing the luxury travel market. Millennials and Gen Z are reshaping the landscape, valuing transformative experiences, deep social connections, and enriching adventures over material possessions. This cultural shift is fueling the rise of experiential luxury, where today's high-spending travelers seek journeys that encourage personal growth, discovery, and self-reflection. Redefining Luxury Travel: Wellness, Connection, and Boundless Exploration Modern luxury travelers are increasingly drawn to destinations that offer more than just a five-star experience. They are looking for wellness, community, and meaningful connections that contribute to personal enrichment. The traditional all-inclusive model is evolving, shifting from its mass-market perception to one that focuses on bespoke, sophisticated travel experiences that balance indulgence with mindfulness. This transformation reflects a growing demand for unique, once-in-a-lifetime experiences that foster cultural immersion and personal discovery. Private member clubs, all-inclusive resorts, and luxury yachts are gaining popularity as venues for fostering exclusive communities. These spaces provide like-minded individuals with opportunities to bond over shared interests in a refined, elevated environment. At the same time, the surge in interest for adventure and outdoor travel has made safari camps and remote lodges increasingly popular, offering guests the chance to connect with nature and embark on transformative journeys in pristine, untouched locales. Next year, The Luxury Group plans to launch multiple safari lodge brands, bringing signature Marriott luxury experiences to Africa's evolving travel frontier. Looking ahead, luxury brands are partnering and collaborating to captivate younger travelers. Over half of luxury spending decisions are now driven by the pursuit of novel experiences, and the industry is adapting by offering immersive, culturally rich travel that blends adventure with introspection. From co-branded products to pop-up events with high-end brands, the future of luxury travel will reflect a generation's desire for endless discovery, connection, and personal growth. "As global luxury consumers invest more deeply in travel, we are witnessing a profound evolution in what they seek - from discovery of the world to self-discovery," says Tina Edmundson, President of Luxury, Marriott International. "Today's luxury travelers, both established and emerging, aren't just passing through destinations; they are embarking on personal journeys that reveal new dimensions of both place and self. At the Luxury Group by Marriott International, we are embracing this shift by crafting experiences that act as conduits for emotional exploration, bridging nature, culture, and self-discovery in ways that are as enriching as they are unforgettable." EDITION Hotels Pushes Boundaries of Luxury in Iconic Global Destinations In 2024, EDITION Hotels continued to challenge the norms of traditional luxury with the addition of distinctive new properties that highlight individuality, authenticity, and a deep connection to their destinations. The brand's debut in Saudi Arabia, with The Jeddah EDITION, brought its signature approach to one of the country's most culturally dynamic cities. Looking ahead to 2025, The Lake Como EDITION is set to reimagine a historic 19th-century property into an intimate luxury retreat by Italy's stunning lakeside. The brand is also poised to expand its presence in Saudi Arabia with The Red Sea EDITION, located on the main island of The Red Sea Project. As EDITION Hotels grows, it remains committed to offering immersive experiences that reflect local culture while providing guests with unmatched sophistication and personalized service. JW Marriott: Elevating Mindful Luxury and Wellness Worldwide In 2024, JW Marriott continued its mission to inspire mindful luxury in exceptional destinations across the globe. The year kicked off with the opening of the serene JW Marriott St. Maarten Beach Resort & Spa and JW Marriott Hotel Nairobi, Kenya's tallest hotel, blending urban sophistication with natural beauty. Meanwhile, in China, the launch of JW Marriott Hotel Taiyuan merged modern luxury with the city's rich history. These openings exemplify JW Marriott's commitment to creating spaces where guests can rejuvenate and find balance in awe-inspiring environments. In 2025, JW Marriott is set to expand even further, with the highly anticipated openings of JW Marriott Kaafu Atoll Island Resort, JW Marriott Crete Resort & Spa, and JW Marriott Hotel Tokyo, among others. The Luxury Collection Leads in Hidden Gem Destinations In 2024, The Luxury Collection continued its legacy of offering luxury experiences in some of the world's most captivating and lesser-known destinations. Notable openings included Ta'aktana, a Luxury Collection Resort & Spa in Labuan Bajo, Indonesia, and The Sira, a Luxury Collection Resort & Spa in Lombok, which immersed guests in natural beauty and exceptional service. Hôtel du Couvent, a Luxury Collection Hotel in Nice, reimagined a historic sanctuary on the French Riviera, while Bellagio, a Luxury Collection Resort & Casino in Las Vegas, set a new standard for opulence with its iconic location and entertainment offerings. In 2025, the brand is poised for further growth in Europe, with new openings in Italy, Greece, Poland, and Spain, including the prestigious Casa Brera in Milan and The Palace in Madrid, set to reopen after a major restoration. The Ritz-Carlton Expands Ultra-Luxury Hospitality Across Land, Sea, and Sky 2024 was a landmark year for The Ritz-Carlton, as the brand continues to lead the ultra-luxury travel market with a series of new openings and exclusive experiences. In Morocco, The Ritz-Carlton Rabat, Dar es Salam, offered a sanctuary amidst oak forests and a royal golf course. Hawaii's The Ritz-Carlton Oahu, Turtle Bay, reimagined an island paradise, while Saudi Arabia welcomed the ultra-luxury Nujuma, a Ritz-Carlton Reserve, located on a private island in the Red Sea. At sea, The Ritz-Carlton Yacht Collection introduced its second vessel, Ilma, offering extraordinary voyages in the Mediterranean. In 2025, the brand will welcome The Ritz-Carlton, San Juan, following a major renovation, and debut the Ritz-Carlton Reserve, Nekajui, in Costa Rica. With a portfolio that spans coastal escapes, cultural landmarks, and maritime luxury, The Ritz-Carlton is leading the way in experiential hospitality. St. Regis Hotels & Resorts: Elevating Glamour at Iconic Locations In 2024, St. Regis Hotels & Resorts continued to set new standards of luxury with its timeless elegance and modern design. The St. Regis Longboat Key Resort on Florida's Gulf Coast redefined beachfront luxury, while The St. Regis on the Bund in Shanghai blended glamour with the rich history of one of China's most cosmopolitan cities. The St. Regis Belgrade introduced a bespoke experience to Serbia, and The St. Regis Al Mouj in Muscat offered a serene coastal retreat. In 2025, St. Regis will further enhance its portfolio with the opening of The St. Regis Aruba Resort and The St. Regis Cap Cana Resort in the Dominican Republic, both set to become new benchmarks for beachfront luxury. W Hotels: A Bold New Era of Global Expansion 2024 saw W Hotels continue its transformation, expanding its global footprint and adapting to the needs of the next generation of luxury travelers. The brand's reimagined flagship in Hollywood embraced a new design philosophy, while W Prague marked its debut in the Czech Republic. W Hotels also returned to Las Vegas with the opening of W Las Vegas, as part of a long-term strategic partnership with MGM Resorts. In 2025, the brand will continue its evolution with the highly anticipated W New York - Union Square and its debut in the all-inclusive space with W Punta Cana, an adults-only resort offering dynamic programming and beachfront luxury. The brand is also expanding into Italy with the opening of W Florence, set to become a social hub in the heart of the city. With its vibrant, design-forward approach, W Hotels continues to attract the modern luxury traveler seeking style, connection, and innovation. Note on Forward-Looking Statements This press release contains forward-looking statements under U.S. federal securities laws, including projections on hotel openings, portfolio expansion, and global development. These statements are subject to risks and uncertainties that could cause actual outcomes to differ from expectations. For further details, refer to the company's filings with the U.S. Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statements based on new information or future events.
BENGALURU, India, June 5, 2025 /PRNewswire/ -- Marriott India proudly achieved its ambitious goal for World Environment Day 2025, a commitment to plant 100,000 trees across its extensive portfolio of over 150 hotels nationwide. This significant undertaking marked a powerful escalation of Marriott India's dedication to sustainability and ecological restoration, building upon the success of its previous environmental initiatives. This landmark endeavor was built upon the successful foundation of last year's 'Two Trees per Room' initiative, launched on World Environment Day 2024. That program, a ...Read More >
Berhampur (Odisha), Jun 6 (PTI) Environmental activist Medha Patkar on Saturday appealed to the people of Odisha for protection of Rushikulya river. The government planned to construct a dam in the river Pipalapnaka under Sorada block in the district. While participating in the Save Rushikulya river movement in Ganjam district, she said, "Rivers may be small or big, but they are our mother. We have to protect the rivers from attacks." She attended a meeting were organised by the Rushikulya Banchao Kriyaanusthan Committee (RBKC) and the Centre for Climate Justice, spearheading the agitation a ...Read More >
New Delhi, Jun 26 (PTI) AI commerce startup ShopOS has raised USD 20 million (about Rs 171.4 crore) in investment from Binny Bansal's 3STATE Ventures. The Bengaluru-based firm will use the funding to accelerate platform development, scale its Product and Engineering team, and onboard more brand partners, according to a company statement. The startup is an AI-driven operating system designed for commerce. "ShopOS is building the commerce stack of the future with AI at its core. The potential for an AI-driven operating system to empower brands, particularly in navigating cross-border commerce ...Read More >
NEW DELHI: Axiom-4 crew members, including Shubhanshu Shukla, were welcomed with hugs and drinks as they stepped into the International Space Station on Thursday. The newly launched spacecraft -- the fifth in the Dragon series and named Grace -- successfully completed a soft docking with the International Space Station at 4.01pm while orbiting above the North Atlantic Ocean."At 6:31 am EDT (4:01 IST) on Thursday, the SpaceX Dragon spacecraft docked to the International Space Station for the fourth private astronaut mission to the orbiting laboratory, Axiom Mission 4," the National Aeronautics ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Speaking at IIT Bombay's Techfest 2024, Mr Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting. India cannot stay out of global technological race, said Jeet Adani. Mumbai: India cannot stay out of global technological race and should build capabilities that will keep it at the top while remaining vigilant against its misuse, said Jeet Adani, Director, Adani Airport Holdings Ltd. Speaking at IIT Bombay's Techfest ...Read More >
PNN New Delhi [India], May 20: With rising temperatures and vacation time in summer just around the corner, summer travel to Europe is seeing a huge boom from Indian tourists. According to recent reports, there has been a whopping 29% increase in Schengen visa applications from India, signifying strong demand to discover the cultural festivals, historic cities, and picturesque landscapes Europe has in store. Due to more efficient processes and enhanced travel assistance, Indian travelers are now opting to apply Schengen visa online with Akbar Travels--one of India's most reliable travel bran ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two year ...Read More >
India has pledged USD 20 billion towards infrastructure development, prioritizing multimodal logistics, port connectivity, and trade facilitation, according to Union Minister Sarbananda Sonowal. He emphasized India's growing maritime capabilities and called for greater partnerships in seafarer recruitment. Strategic corridors like IMEEC, EMC, and INSTC are strengthening maritime connectivity and supply chains.India has committed USD 20 billion for infrastructure development, with a focus on enhan ...Read More >
New Delhi [India], June 8 (ANI): External Affairs Minister S. Jaishankar will undertake an official visit to France, the European Union (EU), and Belgium from June 8 to 14, 2025, the Ministry of External Affairs announced in a press release on Sunday. The visit marks a significant step in further strengthening India's strategic partnerships with Europe. The EAM will first travel to Paris and Marseille, France, where he will hold bilateral discussions with the Minister for Europe and Foreign Affairs of France, Jean Noel Barrot. Also Read | Indian Citizen Dies in UAE: Civil Engineer Issac Paul ...Read More >
New Delhi: India is set to overtake Japan to become the world's fourth-largest economy, but must not become complacent, as the country remains far behind Japan in GDP per capita terms, WEF's former MD Claude Smadja said. According to IMF data dated April 2025, India's GDP per capita of USD 2,878.4 is approximately 8.5 per cent of Japan's GDP per capita of USD 33,955.7, meaning Japan's per capita income is about 11.8 times higher than India's. "Yes, it (economy size) is a good indicator because it gives a notion of the economic weight of the country on the global balance. "No, it is not a go ...Read More >
Pune : Radisson Blu Pune Hinjawadi announces the appointment of Mr. Prajanya Chauhan as Assistant Food and Beverage Manager. With an impressive career spanning 14 years in the hospitality industry, Prajanya brings with him a wealth of experience in food and beverage operations, guest satisfaction, and team leadership. A graduate in Hotel Management, his professional journey includes key roles at renowned hospitality brands such as Radisson Chennai, Cidade De Goa, Taj Vivanta Goa, Holiday Inn Goa, Novotel Goa, Della Resorts Lonavala, and Royal Orchid Hotel Bangalore. Recognized for his operati ...Read More >
ess than 24 hours after he asserted in Nigeria's Abuja that stepping out of the comfort zone, innovating and creating new paths has now become the very essence of today's India, Prime Minister Narendra Modi on Monday told the gathering of world's most influential leaders converged in Rio de Janeiro for the G20 Summit that the main reason for India's success lies in his government's 'back to basics' and 'march to the future' approach. Addressing the G20 session on 'Social Inclusion and the Fight Against Hunger and Poverty' at the bayside museum of modern art during the two-day 19th G20 Summit, ...Read More >
New Delhi: PwC India's report, titled Global Entertainment and Media Outlook 2024-28: India Perspective, brings promising insights into the country's showbiz industry. The report reveals that Indian entertainment and media industry is projected to surpass the global growth rate of 4.6 per cent by achieving a compound annual growth rate (CAGR) of 8.3 per cent. It is on its way to reaching a market size of Rs 365,000 crore (USD 44.2 billion) by 2028. So, where does India rank globally? The United States currently leads the market by revenue, followed by China. India, on the other hand, holds th ...Read More >
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the construction of a Jan Sewa camp at a slum cluster in the Haiderpur area, Gupta told reporters: "In t ...Read More >
New Delhi, Jun 30 (PTI) AM Green BV will buy Japanese financial service firm Orix Corp's 17.5 per cent stake in clean energy producer Greenko Energy Holdings for USD 1.28 billion, the firms said on Monday. AM Green is owned by the founders of Greenko, Anil Chalamalasetty and Mahesh Kolli. Post this transaction, AMG will own around 25 per cent of Greenko, whose largest owner is Singapore's sovereign wealth fund GIC Pte with a 58 per cent stake. Orix will transfer 17.5 per cent holding in Greenko, out of its total ownership of 20 per cent, to AM Green Power BV (a subsidiary of AM Green BV). T ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
The global smoke grenade market is expected to grow from $297.24 million in 2023 to $456.46 million by 2031, driven by a 5.5% CAGR. Military, law enforcement, and emergency services are the primary sectors fueling demand, especially for tactical operations, training, and crowd control. Advances in technology have led to safer, more effective smoke grenades, while commercial uses in activities like paintball and film production are rising. Environmental concerns are promoting the development of eco-friendly products. North America leads the market, with rising military expenditures further boos ...Read More >
New Delhi, Jul 4 (PTI) The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices. While this often resulted in losses on the stock trades, the firm profited heavily from large parallel short positions in index options, which gained value as the market declined. US trading firm Jane Street, which started its India operations in December 2020, is said to have made Rs 36,671 crore in alleged "egregious" market manipulation between January 2023 and March 2025 on its I ...Read More >
New Delhi, Jul 12 (PTI) Indian students, tourists, business travellers and those working in technology firms planning to head to the United States may soon have to pay more than double the existing visa fee due to a new 'visa integrity fee' being imposed by the US, according to immigration service consultants. The 'visa integrity fee' finds a mention in the 'One Big Beautiful Bill' (now an Act) signed by President Donald Trump on July 4. Immigration domain watchers and firms facilitating students for study abroad have been closely watching this bill before Trump signed his package of tax bre ...Read More >
New Delhi, May 26 (PTI) Alcoholic beverage maker's body CIABC has urged the government to adopt a phased reduction in import duties on liquor products under the proposed India-EU free trade agreement (FTA), while calling for strong safeguards to prevent misuse of trade concessions under the pact. In a submission to the commerce ministry, Confederation of Indian Alcoholic Beverage Companies (CIABC) has proposed slashing the effective customs (or import) duty on bottled products like wines and spirits from the current 150 per cent to 100 per cent immediately and then down to a resting customs d ...Read More >
MUMBAI: The market is warming to large private credit deals in India, where local borrowers are typically less levered than their peers in the rest of Asia, according to Indranil Ghosh, managing director and head of pan-Asia special situations at Cerberus Capital Management. Cerberus, which has US$65bil under management globally, was among the anchor investors in Shapoorji Pallonji Group's US$3.4bil financing, the country's largest private credit deal to date. While deals of that scale are still a rarity, growing capital needs and relatively low leverage are building lenders' confidence in f ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 with the highest number of billionaires. The city is expected to have 22.4% more ultra-high-net-wor ...Read More >
Asian and European stocks surged thanks to tech companies driving Wall Street to record highs. Japan's Nikkei and several European indices rose, while the US dollar stabilized after a previous surge. Political tensions in France and tariff threats from the US also affected market movements and currency valuations. Stock markets across Asia and Europe experienced a resurgence on Tuesday, driven in part by a strong performance in tech stocks in the US. Japan's Nikkei index surged by 1.91%, and the MSCI Asia index saw a 1.16% rise, bolstered by Wall Street's record highs overnight. European ind ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a threat to public health."Under the Solid Waste Management Rules-2016, it is the legal and moral respo ...Read More >
New Delhi, Jul 10 (PTI) India needs to strengthen its shipping ecosystem to reduce vulnerability in times of global crises and promote the country's trade, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. He said Indian flag vessels are very limited in number, and this leads to around USD 50 billion of trade deficit that we do have in the services sector solely due to maritime logistics. Calling the situation "unsustainable" as it also makes India "vulnerable", he said countries which have strong control over logistics systems fare better during global disrupt ...Read More >
New Delhi, Jul 11 (PTI) Shares of Glenmark Pharmaceuticals Ltd on Friday jumped 10 per cent after the firm said it has signed a deal with AbbVie to commmercialise its underdevelopment drug aimed to treat cancer and autoimmune diseases in an up to USD 2 billion deal, one of the largest transactions in the pharma sector. The stock surged 9.99 per cent to hit its 52-week high as well as the upper circuit limit of Rs 2,095.65 on the BSE. At the NSE, the stock zoomed 10 per cent to Rs 2,094.40 -- its 52-week high as well as upper circuit level. Glenmark Pharmaceuticals' arm Ichnos Glenmark Innov ...Read More >
HYDERABAD: Breaking out from the shadows of glittering gold, silver hit a record Rs 1,13,000 a kg on MCX late Friday. It came on the back of international prices hit a 13-year high of $37.8/Oz in the spot market and $38.7 in futures, amid rising trade worries after US President Donald Trump returned with reciprocal tariff announcements this week."On MCX, silver prices surged to a new all-time high influenced by positive cues from the overseas market. In the international market, spot silver trading reached its highest level in over 13 years, driven by intensifying global trade tensions that in ...Read More >
Mumbai, Jul 15 (PTI) Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here. Tesla, led by American tech billionaire Elon Musk who had in the past cited India's high import tariffs for the company not entering the country earlier, will be importing the Model Y as a completely built unit (CBU), from its Shanghai manufacturing facility in China. The mid-sized electric SUV Model Y, which was once the world's best-selling car, will be offered in India in two variants -- rea ...Read More >