Tesla reportedly eyes Western India for CKD assembly unit

Tesla is exploring land parcels in Satara, Maharashtra, to establish a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official told Business Standard. The move comes after negotiations with Hyderabad-based Megha Engineering failed. Tesla is now in talks with another Indian firm for a joint venture to acquire land and set up the CKD unit, which involves assembling imported vehicle parts locally to reduce import duties.

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