Union Minister of Commerce and Industry Piyush Goyal throughout a go to at Tesla’s manufacturing facility at Fremont in California, U.S., on November 14, 2023.
| Photo Credit: X/@PiyushGoyal
U.S. electrical automotive maker Tesla Inc is planning to double the variety of components it imports from India, Commerce and Industry Minister Piyush Goyal mentioned on Tuesday by way of a put up on social media platform X.
“Proud to see the growing importance of Auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India,” Mr. Goyal posted on X after visiting Tesla’s manufacturing facility at Fremont, California.
He was, nonetheless, unable to meet Tesla chief Elon Musk throughout his go to to the plant, Mr. Goyal added.
He mentioned in September Tesla was aiming to supply components price between $1.7 billion and $1.9 billion from India this 12 months, having purchased $1 billion of components final 12 months.
The Minister’s go to to the U.S. was supposed to embody discussions with Mr. Musk round Tesla’s plans to setup an Indian manufacturing unit, manufacturing a $24,000 automotive there, sourcing extra components and establishing charging infrastructure throughout the nation.
