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Tesla’s plan to enter the Indian market hit a roadblock when Elon Musk postponed his visit to China instead of India. The company’s interest in India waned after discussions with officials. India’s requirement for local production was a sticking point. Despite previous promises to invest in India, Musk’s actions have raised doubts.
India still holds potential for Tesla, but Musk’s recent actions suggest a shift in focus towards other markets. Indian officials are now turning to domestic car manufacturers for electric vehicle production. The Indian electric vehicle market is growing, with the government targeting a significant increase by 2030.