This is not the first time that Tesla's top boss has warned about declining birth rates. In June 2022, he also shared data from The Wall Street Journal
While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source
"We will always promote localisation," Deepak Jain, ACMA president told reporters on Tuesday, when asked about the industry body's views on Tesla's demand