India Targets Major Global Firms For Local Battery Manufacturing

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India Targets Major Global Firms For Local Battery Manufacturing
29 Oct 2021
3 min read

News Synopsis

Indian government persuades Tesla, Samsung, and LG to urge them to put resources into manufacturing their batteries locally. Five roadshows will be held beginning one month from now in nations including the United States, Germany, France, South Korea, and Japan to persuade battery creators to set up local creation, one of the authorities said. 

Tesla, LG Energy, and Samsung are among the people who will be welcome to join in, albeit a representative rundown has not yet been affirmed. Some worldwide organizations are reluctant to come in without a neighborhood accomplice as it requires huge speculation India actually positions inadequately on agreement implementation, he added

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