Tesla to Start Making Cars in India

Tesla is exploring the possibility of expanding its operations to India, aiming to replicate its success in China. The company has been in talks with local officials in Bangalore for about six months, considering setting up a car assembly plant and an R&D facility. Bangalore is seen as a potential hub for electric vehicles (EVs) in India, with its aerospace manufacturing talent. Although EV sales in India are currently less than 1%, there is potential for export. Tesla has not officially commented, but Elon Musk hinted at entering the Indian market.

What role does local production play in Tesla's strategy for entering the Indian market?

What are the implications of Tesla's potential factory in India for the global market?