Tesla to buy auto parts worth nearly $2 bn from India, says Piyush Goyal

Tesla to buy auto components worth $1-2 billion from India in the next five years

Union Minister for Road Transport and Highways Nitin Gadkari made the announcement on Thursday

The deal will boost India's manufacturing sector and create jobs

Tesla has been in talks with several Indian companies for the supply of auto components

The company is planning to set up a manufacturing unit in India

Tesla CEO Elon Musk had earlier expressed interest in the Indian market

India is looking to promote the use of electric vehicles to reduce pollution

The government has announced several incentives for EV manufacturers and buyers

India is also planning to set up charging stations across the country

The deal with Tesla is expected to give a boost to India's EV industry

Also Read: New Features In New Jeep Compass