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Tuesday, November 14, 2023

Tesla will double import of parts from India, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal has announced that Tesla will double its imports of components from India and is in discussions with the government to manufacture and sell in the country. Goyal expressed his delight at the growing presence of Indian professionals at Tesla and the increasing importance of auto component suppliers from India in the company's supply chain. The government has been engaged with Tesla for some time, but the company's interest in India seems to have increased recently. Goyal also met with investors in the US, promoting India as an investment destination.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QVc0YJf

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