India Attracts Tesla EV Suppliers: A Strategic Move in the Global Market

States in India, like Gujarat and Tamil Nadu, are broadening their approach to attract Tesla component suppliers
States in India, like Gujarat and Tamil Nadu, are broadening their approach to attract Tesla component suppliers
As part of the agreement, Tesla may spend up to $2 billion on its manufacturing unit in India and purchase auto parts from the country worth $15 billion
The new program will offer incentives to electric car makers based on their investments in Indian plants
Tesla plans to locally manufacture, sell and export an all-new electric car in India
Tesla executives presented the new proposal to Indian government officials this week