Tesla focusing seriously on setting up Production, Innovation Base in India
By MYBRANDBOOK
Minister of state for IT, Rajeev Chandrasekhar said Tesla is "serious" about its plans to establish a manufacturing base in India. Senior executives of the electric vehicle maker held talks with Indian officials this week on various topics including incentives for car and battery manufacturing, as Tesla looks afresh at entering the Indian market.
"They are very seriously looking at India as a production and innovation base. We have signalled to them that the government of India is working together (and) will certainly make whatever ambitions they have or investment objective they have in India a success," said Chandrasekhar.
As per sources, Tesla proposed setting up a factory in India to build electric vehicles (EVs) and is also looking at manufacturing EV batteries.
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