Electric cars in India: Talks of Tesla factory inconclusive, say officials

Cars being sold in India through single-brand retail trading route will have to comply with 30% local sourcing

While American electric car manufacturer Tesla may have evinced interest in entering the Indian market to sell its cars, it is yet to approach the government with a fresh offer on building a production facility in the country.

However, cars sold in India through the single-brand retail trading route will have to comply with 30 per cent local sourcing, according to the existing norms, a senior government official told Business Standard.

Tesla has reportedly contacted the government yet again to confirm its intentions on entering the Indian automobile market through the single-brand retail trading route, as reported by The Times of