Made-in-India Tesla inches closer: Agreement with Musk's co in works


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.

Read more at : economictimes

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