Tesla to procure components worth $1.9bn from India: Piyush Goyal
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Union Minister of Commerce and Industry, Piyush Goyal, has announced that Tesla is set to procure components worth $1.7-$1.9 billion from India. He also highlighted that the firm already sourced components worth $1 billion from our country in the previous year. The company is showing increasing interest in our market and has engaged in talks with the Centre about establishing a manufacturing facility for cheap electric vehicles (EVs).