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India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking. ....
Tesla Agreement With India: India is close to an agreement with Tesla, allowing the US automaker to ship its electric cars to the country and set up a factory within two years. The announcement could come at the Vibrant Gujarat Global Summit in January. Tesla would commit an initial minimum investment of around USD 2 billion in any plant and look to increase purchases of auto parts from the nation to as much as USD 15 billion. ....
Elon Musk s electric car maker Tesla is reportedly just a few steps away from entering the Indian market as the firm might secure the deal in 2024. ....
Tesla India Plant: An announcement could come at the Vibrant Gujarat Global Summit in January, one of the people said, declining to be identified because the discussions are private. ....
Earlier this week, Goyal visited Tesla's Fremont factory. He expressed his delight in seeing Indian engineers and finance professionals working in senior positions at Tesla ....