Tesla looking to drive its supply chain to India
tesla has held discussions with union government officials, exploring the possibility of bringing its auto parts and electronics chain to India and of getting incentives and tax breaks in the process, said people with knowledge of the matter.
The development signals the US-headquartered electric vehicle maker’s renewed interest in India, close on the heels of Prime Minister Narendra Modi’s meeting with the company’s chief executive Elon Musk during his trip to the US last month, said the people ..
Meetings with industry executives
In the meetings, Tesla US and Tesla India executives also sought to know the structure of incentives the company and its partners are likely to receive to bring their manufacturing unit to India along with the supportive ecosystem, said people in the know. The executives also sought to know additional details of incentives and tax breaks that could be made available ..
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