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OverviewAPI
Tesla is poised to invest up to $2 billion to establish a factory in India, with the Indian government considering reduced import duties for the first two years of operations. The company plans to double its components imports from India, aiming for $15 billion in purchases and to make batteries in India to reduce costs. Tesla's proposal is in contrast to its Chinese rival, BYD, which is facing scrutiny and setbacks in India.

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