Speaking to the IT minister, Tesla is building a production and

According to Rajeev Chandrasekhar, India’s minister of electronics and information technology, Elon Musk’s Tesla is serious about setting up a manufacturing unit there, according to Reuters. Top executives from the electric vehicle manufacturer recently travelled to India to discuss with ministers about establishing manufacturing there.

According to the report, the Tesla representatives also spoke with Indian officials on incentives for the production of cars and batteries.

According to the minister’s official statement, “They [Tesla] are very seriously looking at India as a production and innovation base.” This is the first statement on the discussions made by a representative of the Indian government. He continued, “We have let them know that the Indian government is cooperating with them and will undoubtedly help them achieve their goals for investments in India.”

According to the article, senior Tesla executives suggested building an electric vehicle facility in India. They are also considering producing EV batteries.

If they spoke with Tesla about anything besides making cars, the minister was questioned. Chandrasekhar said that it was far more than that to this.

You talk about automobiles, energy, and manufacturing technology, the man said. All of that therefore enters into the discussion. It’s too far away for me to predict what they’ll want to do in India, and I’m not supposed to.

In particular, Tesla has been experiencing difficulties in China as a result of the present geopolitical unrest. India is positioning itself as a competitive alternative as a market and a location for manufacturing. Apple recently expanded its presence in India by building two retail locations. Due to increased pressure to diversify away from China, the corporation intends to increase its production in India.

Tesla was negotiating with the Indian government to reduce the up to 100% import duty on cars. According to the source, “Discussions broke down because Tesla said it wanted to export cars to India first to test demand while the government is keen for Tesla to make cars locally.”

Tesla has factories outside of the US in Shanghai, which is also the largest factory in the world, and Brandenburg, Germany.

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