Key Points
The EV maker's CEO Elon Musk has been trying to enter the Indian market for years but New Delhi wanted a commitment to local manufacturing..
Tesla is reportedly sending over a team to India this month to scout locations for a proposed $2 billion to $3 billion electric car plant, the Financial Times reported on Wednesday...
India last month lowered import taxes on certain electric vehicles produced by carmakers that commit to invest at least $500 million and start domestic manufacturing within three years...
