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Elon Musk’s India strategy is on track | India visit postponed to later this year
Elon Musk’s long-awaited visit to India has been postponed, but Tesla’s dedication to the Indian electric vehicle market remains unwavering. Despite the setback, Tesla plans to move forward with its application for the new electric vehicle manufacturing policy. CNBC-TV18 reports that Tesla’s Chief Sourcing Officer will visit India to connect with leading component manufacturers. The company aims to increase component sourcing from India to $15 billion over the next five years and is actively exploring potential locations for a manufacturing plant across the country.
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