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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 announced that Tesla will double its import of components from India and engage with the government to discuss plans for manufacturing and selling in the country. Goyal expressed his delight in seeing Indian professionals contributing to Tesla's journey and the growing importance of Indian auto component suppliers in Tesla's supply chain. The government has been engaged with Tesla for some time, and the company's interest in India has increased. Tesla's sourcing from India could rise from $1 billion last year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kJH4BMb

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