Tesla to Double Component Imports From India, Trade Minister Says
November 14 2023 - 1:01AM
Dow Jones News
By P.R. Venkat
Tesla plans to double its component imports from India, the
country's Trade Minister Piyush Goyal said in a post on
social-media platform X.
"Also proud to see the growing importance of auto component
suppliers from India in the Tesla EV supply chain," he said on the
platform formerly known as Twitter after visiting the U.S.
electric-vehicle maker's manufacturing facility in Fremont,
Calif.
Goyal said he missed a meeting with Tesla Chief Executive Elon
Musk.
In June, Indian Prime Minister Narendra Modi met with Musk on
his first official state visit to the U.S.
"He [Modi] really cares about India because he's pushing us to
make significant investments in India, which is something that we
intend to do," Musk said after the meeting.
Write to P.R. Venkat at venkat.pr@wsj.com
(END) Dow Jones Newswires
November 14, 2023 00:46 ET (05:46 GMT)
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