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ā¢ Tesla is seeking provisional tariff concessions as a prerequisite for setting up a manufacturing facility in India, but the government is not in favor of any company-specific exemptions.
ā¢ The government is in the process of drawing up a policy to incentivize local manufacturing of electric cars, with equal incentives for domestic and foreign investors.
ā¢ Tesla is looking to source $1.7-1.9 billion worth of auto parts from India this year, and has already visited the country's state-of-the-art manufacturing facility in Fremont, California.