Skip to content
Search

Latest Stories

Tesla to double Indian imports, confirms minister

Piyush Goyal visited Tesla’s manufacturing facility at Fremont, California

Tesla to double Indian imports, confirms minister

US electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said on Tuesday (14) through a post 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," Goyal posted on X, earlier called Twitter, after visiting Tesla's manufacturing facility at Fremont, California.


He was, however, unable to meet Tesla chief Elon Musk during his visit to the plant, Goyal added.

He said in September Tesla was aiming to source components worth between $1.7 billion and $1.9bn from India this year, having bought $1bn of components last year.

The minister's visit to the US was supposed to include discussions with Musk around Tesla's plans to setup an Indian factory, manufacturing a $24,000 car there, sourcing more components and establishing charging infrastructure across the nation, Reuters reported last week.

(Reuters)

More For You

Rachel Reeves

Rachel Reeves, holds up the traditional red ministerial box outside No 11 Downing Street before departing to the House of Commons to deliver the budget on November 26, 2025. (Photo: Reuters)

Key points from Reeves’s budget

THE LABOUR government on Wednesday presented a tax-raising budget aimed at reducing debt and supporting public services, as forecasts show weaker economic growth in the coming years.

Chancellor Rachel Reeves said the plan was intended to show Labour’s credibility with voters and reassure investors about the government’s fiscal approach.

Keep ReadingShow less