I think when Elon Musk went to China Before India , he was intimidated by Chinese since 40% of raw Material to Built Tesla batteries comes from China. If Tesla Moves Production to India His Cars will be more competitive with Chinese Car makers . In Response US Govt Imposed tariffs and EU is in process to do so.
Now Tesla coming to India would have been great trigger for companies like Shivalik Bimetal.
Alas ! now it might hurt from opposite end as you mentioned about Chinese dumping their product elsewhere where Shivalik might be a supplier. Indian EV market is still in nascent stage.
Only after New Govt is formed and we start commercial mining of Lithium , we might have a shot.
Just sharing my thoughts might be wrong
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