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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

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Subhayan Chakraborty New Delhi
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

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