Tesla scouts for land in Satara to set up completely knocked down unit

Last week, Tesla's India head Prasanth Menon stepped down. A Tesla's China team will now oversee the EV maker's India operations
Puja Das New Delhi
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Elon Musk's Tesla is exploring land parcels in Satara, the hometown of Maharashtra Deputy Chief Minister Eknath Shinde, to set up a completely knocked down (CKD) assembly unit for electric vehicles (EVs), a senior government official said.
This comes after Tesla's negotiations with Hyderabad-based Megha Engineering fell through, the official said, adding that the EV maker was in discussions with another Indian firm for a joint venture to acquire land and set up a CKD unit. CKD is a method used to reduce import duties and facilitate local assembly by shipping vehicle parts separately to be assembled in the destination

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