Tag: import
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Auto component makers ‘invite’ Tesla to make parts locally
India’s $46-billion auto component industry has ‘invited’ Tesla to make parts locally in response to the American carmaker’s request for tax concessions on fully imported electric vehicles ahead of their local launch.Deepak Jain, president of the Automotive Component Manufacturers Association (ACMA), said with the government committing itself to a phased manufacturing plan (PMP) and the…