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Tesla stops short of committing to India plant in renewed talks

  • Tesla executives held discussions with the Indian government on local sourcing of components and incentives, but did not propose building vehicles in the country.
  • While Tesla is interested in establishing a domestic factory in India, no formal plan has been presented yet.
  • The automaker expressed concern over India's high tariffs on imported cars, but the government is not planning to change its tax regime for one automaker.

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