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Advanced in Tech & Business

Tesla ‘serious’ on establishing India generation, innovation foundation, minister states

NEW DELHI, Might 19 (Reuters) – Tesla Inc (TSLA.O) is “really serious” about its plans to establish a producing base in India, the country’s deputy minister for know-how told Reuters in an job interview on Friday, a working day soon after assembly senior executives of the electric car maker.

The Elon Musk led U.S. automaker held talks with Indian officers this week on different topics which includes incentives for automobile and battery producing, Reuters noted on Thursday, as Tesla seems anew at moving into the Indian market.

“They are incredibly significantly looking at India as a creation and innovation base,” Rajeev Chandrasekhar mentioned in the initial general public comment by an Indian governing administration official on the talks.

“We

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