Tesla India is reportedly in discussions with various companies under the Tata Group to establish a local supply chain. This partnership aims to set up production facilities in India near Tata's manufacturing sites, enhancing Tesla's manufacturing capabilities. Potential components discussed for local production include castings, electronics, and other vehicle parts. This move aligns with Tesla's strategy to reduce dependency on Chinese suppliers and leverage potential tax incentives from the Indian government for foreign automakers investing in the country, possibly positioning Tesla for significant growth in India.
"Tesla is, in a way, readying the supplier base in India. We are very sure that once Tesla starts manufacturing here, Indian suppliers will benefit from sourcing opportunities."
"Earlier this year, for example, Panasonic Energy sought to reduce its reliance on Chinese sources, specifically for electric vehicles (EVs) produced in the United States."
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