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Tesla (TSLA.O), opens new tab chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.The billionaire will meet Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources, who declined to be named as the trip details are confidential.Reuters is first to report details of Musk's planned India visit. Modi's office and Tesla did not respond to...

As part of TATA’S strategy to enhance the scope of its defense business Tata Motors HAS showcased the ‘Kestrel’, an 8×8 wheeled armored amphibious VEHICLE platform providing protected mobility and firepower to the troops. The Kestrel, designed by the DRDO was unveiled yesterday by TATA Motors. Photo: Noam Eshel, defense Update The vehicle is designed as a Light Armoured High Mobility Vehicle (LAMV), functioning as a recon scout vehicle, moving ahead of the armored columns. The vehicle was designed by the Indian Defence Research and Development Organisation (DRDO). Supacat of the UK, an expert in tactical armored vehicles, has also...

When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative to the motorbikes that zoom precariously around the country. New questions about the safety of the pint-sized auto are being raised, however, after one of them burst into flames Sunday as it was being driven home from the showroom. Software engineer Satish Sawant, his wife and 5-year-old son escaped from the silver Tata Nano — which still bore a celebratory garland of marigolds on the front hood — before the tiny car was engulfed by...

India has made a big splash over the last few days with the announcement by Tata Motors of its new mini-car, the Tata. Even though the car's release was originally scheduled for last year, everyone is still very excited. Finally, an affordable ($2,000 US) car for the masses! (A $60 down payment is all it takes, I have heard.) There are a number of implications of this situation, and reactions from different sides. Let's take a look at a few of them. First, there is the collective *gasp* from the "peak oil" crowd, followed by hysterical Oh Noes. One Australian...

DailyTech previously covered the announcement of Tata Motor's Nano car, the world's cheapest car. Despite protests and delays, that car was finally released at a mega-event in Mumbai, India. The car is set to rock developing markets like China and India thanks to an ultra-low price of 100,000 rupees ($2,000 USD). The car is a small 4-door sedan, designed to seat five 6-foot passengers. It weighs a mere 600 kg unladen thanks to its lightweight steel frame. It is powered by a 2-cylinder 624cc, 33 BHP engine -- the kind you would normally find in a motorcycle or scooter. Still,...

NEW DELHI - India's largest automobile manufacturer, Tata Motors Ltd., said Thursday it plans to set up a plant in the communist-ruled West Bengal state to manufacture a family car that will cost little more than $2,000. The plant will be set up with an investment of 10 billion rupees ($220 million), and is expected to start production in two years, said Ratan Tata, the company's chairman. A prototype of the five-seater model to be manufactured at the West Bengal plant is undergoing tests at a Tata facility in the western Indian city of Pune, Tata said.