India to woo Tesla with offer of cheaper production costs than China

India to woo Tesla with offer of cheaper production costs than China

The Edge Markets - World·2021-03-03 05:04

"Rather than assembling (the cars) in India they should make the entire product in the country by hiring local vendors. Then we can give higher concessions." — Nitin Gadkari.

NEW DELHI (March 2): India is ready to offer incentives to ensure Tesla Inc's cost of production would be less than in China if the carmaker commits to making its electric vehicles in the south Asian country, transport minister Nitin Gadkari told Reuters.

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