Tesla Update: Electric vehicle company Tesla has established itself in every corner of the world. In this sequence, every news related to its investment and its market is given importance. Now there is news regarding Tesla that Elon Musk (Elon Musk) of this electric vehicle company has prepared to buy parts and other items worth 1.7 to 1.9 billion dollars from Indian companies making auto parts. This information has been given by Union Commerce Minister Piyush Goyal himself.
Let us inform that while addressing the annual meeting of the Automotive Component Manufacturers Association (ACMA), the Union Minister informed that the electric vehicle company Tesla (Tesla) will once again purchase auto parts from the Indian auto market.
Tesla preparing to buy auto components from Indian market
tesla one electric vehicle is a company that has established itself in the global auto market. Its vehicles are in demand in various parts of the country and abroad. In such a situation, it would be better for the market for Tesla to purchase its components from companies making auto parts in the Indian market. During the annual meeting of the Automotive Component Manufacturers Association (ACMA), Union Minister Piyush Goyal gave this information and said that Tesla will purchase auto parts worth 1.7 to 1.9 billion dollars from the Indian auto market this year. During this, Piyush Goyal also emphasized on the growing market of electric vehicles and said that this is the future.
Tesla wants to invest in Indian market
Let us tell you that electric vehicle company Tesla had imported auto parts worth about $ 1 billion from the Indian market last year. In such a situation, once again this preparation of Tesla is being considered as a better opportunity for the Indian market. The news is that Tesla wants to invest in the Indian market. However, 100 percent import duty has to be paid on electric vehicles in the Indian market. In such a situation, Tesla demands that it be reduced. In this sequence, Union Finance Minister Nirmala Sitharaman, on behalf of the Government of India, has clarified her stand and said that the government has no intention of doing so as of now. However, there are speculations that Tesla may be seen investing in India in the coming future.
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