Tata Group companies key suppliers to Tesla, eye expansion in India; $2 billion components supplied for FY24

Tata Group companies, such as Tata AutoComp and TCS, have emerged as key suppliers to Tesla, providing components worth $2 billion for FY24. The electric vehicle giant is exploring the possibility of setting up manufacturing facilities in India and is currently engaged in discussions with various Indian states and suppliers to expand its operations in the country. This move signifies a significant step towards strengthening the partnership between Tata Group and Tesla, potentially leading to more collaboration in the future. Tesla’s interest in the Indian market highlights the growing importance of India as a key player in the global automotive industry. Stay tuned for more updates on this developing story.

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