Modi wants Tesla to build cars in India. Making the plan work may not be easy

Tesla CEO Elon Musk postponed a scheduled trip to India this week where he was to meet Prime Minister Narendra Modi, citing "heavy Tesla obligations." India has been striving to become a global manufacturing hub, having successfully invited major companies such as Apple to set up as well as expand production in the country. To further bolster its manufacturing prowess, the South Asian nation has been eyeing Tesla to set up its base in the country. And the carmaker that has appeared reluctant for long is now signaling interest in the market as the Indian government attempts to welcome it by implementing a new EV tariff policy. Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Indian Prime Minister Narendra Modi and Tesla CEO Elon Musk earlier this month. "One thing is for sure, Tesla is coming to India based on the recent news, and the government is also very serious about it," Puneet Gupta, Director for the Indian automotive ... Read full article.