The American electric car maker Tesla has been hitting the headlines ever since it showed interest in launching its EVs in India. After multiple rounds of talks with the government over exercise duty and other related policies, the company finally started having discussions with the concerned ministries for setting up factories in India.
It has been reported that the US-based EV company had an official word with the government regarding the investment proposal. The report says the company aims to set a factory, which will be producing over 5 lakh of electric cars every year.
Meanwhile, Tesla has been conducting meetings with top officials to set up its business model in India. To achieve the goal, the company in a recent gathering, which was organised by the Society of Indian Automobile Manufacturers (SIAM) in Delhi, showed interest to bring its own supplier if things unfold in a positive note.
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