India’s local sourcing norms could stand in the way of Silicon Valley electric carmaker Tesla’s entry into the country which founder Elon Musk had earlier hinted could happen as early as ‘this summer’.
“Maybe I'm misinformed, but I was told that 30 per cent of parts must be locally sourced and the supply doesn't yet exist in India to support that,” Musk said on microblogging platform Twitter, in response to a question on whether the company would release its cars in India in 2017 or 2018.
Tesla had opened up bookings for its most affordable Model 3 sedan in India