Elon Musk explores setting up Tesla supply chain ecosystem in India after his meeting with PM Modi: Report
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After meeting Prime Minister Narendra Modi in the US last month, Elon Musk is reportedly exploring setting up his own supply chain ecosystem in India, thus producing cheaper electric cars that might start from Rs 20 lakh. As first reported by The Economic Times, citing government sources, the electric car-maker has engaged in talks with Indian officials to set up its auto parts and electronics chain in India, along with seeking incentives and tax benefits.