Tesla, the world’s largest electric vehicle maker, is once again very excited about doing business in India. Recently surfaced reports have told that US based Tesla company officials will be in New Delhi for the next two days and will meet Indian officials.
Please tell that PM Narendra Modi will be on US tour next month. Let us tell you that the information related to the meeting between Tesla company officials and government officials is yet to be officially confirmed.
Sources have been quoted in the report of routers, the meeting will discuss the local purchase of parts of the vehicles and other issues. Overall, if we talk in simple words, then Tesla wants to arrange the components used in its electric vehicles at the local level.
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Let us tell you that till now the company is dependent on China for the components used in the vehicles. However, it has also been mentioned in the Bloomberg report that Tesla aims to increase the supply chain in India, which directly means that Tesla is now turning away from China and turning towards India.
Refused to accept this decision of the government
Let us tell you that the government has clearly stated that Tesla will be allowed to sell electric vehicles in India only when the company sets up its manufacturing plant in India. Elon Musk said that who says that the custom duty on imported vehicles is the highest in the world, with this Musk refused to follow the central government’s plan.
Elon Musk says that Tesla will not set up a manufacturing plant in any location where they are not allowed to sell and service vehicles first.
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