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Tesla in India? Elon Musk-led EV maker plans to establish car factory in India

  • Tesla has reportedly proposed setting up a factory in India to manufacture electric cars for domestic & export markets.
  • The proposal comes after India rejected Tesla's request last year to lower the import tax on cars.
  • Tesla's executives are currently in India to meet with government officials and discuss issues like local procurement of parts.
  • The company's renewed interest in India aligns with the country's "Make in India" campaign, which aims to attract companies to manufacture locally and diversify supply chains beyond China.

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