Tata Group positioned as key suppliers to Tesla, eyeing India manufacturing expansion talks for $2B components.

Tata Group companies such as Tata AutoComp and TCS have emerged as crucial suppliers to Tesla, providing components worth $2 billion for the financial year 2024. The American electric vehicle manufacturer, Tesla, is exploring the possibility of setting up manufacturing facilities in India. Talks are underway between Tesla and various Indian states as well as local suppliers to facilitate the expansion of its operations in the country. This strategic partnership between Tata Group companies and Tesla highlights the growing importance of India as a key market for the global automotive industry. With Tesla’s interest in establishing a manufacturing presence in India, there is a significant potential for job creation and technological advancements in the Indian automotive sector. The collaboration between Tata Group and Tesla underscores the commitment of both companies to innovation, sustainability, and driving the future of mobility. Stay updated for more developments on Tesla’s plans for India and the evolving automotive landscape in the country.

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