Tesla in advanced talks with five states to set up operations in India : Report
New Delhi/IBNS: US clean energy and electric vehicle company Tesla is in advanced talks with five states to start its operations in India, said media reports.
The American carmaker is in talks with the Centre and the states to finalise location for headquarters, manufacturing as well as R&D centres in India.
The five states where Tesla may set up operations or its offices are Maharashtra, Gujarat, Andhra Pradesh, Karnataka, and Tamil Nadu which enjoy the presence of several auto manufacturers as well as component suppliers, original equipment manufacturers (OEM).
Tesla is also looking to ink partnerships with local manufacturers for sourcing components and the Karnataka government has already offered Tumkur, near Bengaluru to set up the plant, claimed media reports.
In early 2020, Tesla CEO Elon Musk had suggested that the company will enter India in 2021 while responding to a tweet by a handle from India called Tesla Club. “Next year for sure,” Musk had replied.
In December last, Union Minister for Road Transport and Highways and the Minister of Micro, Small and Medium Enterprises Nitin Gadkari had confirmed that US clean energy and electric vehicle company Tesla will “start operations” in India in early 2021.
According to previous reports,Tesla will introduce its more affordable Tesla Model 3 and the bookings for the car will start in a few weeks, the Indian Express reporto It said. However, the Economic Times reported that the sales of the Tesla cars will start only in the second half of the year.
The fully completed units will be imported to India and sold at a price of Rs 55 lakhs.
Tesla had planned its India entry in 2016 but backed out citing change in import policies and poor infrastructure for electric vehicles.