Thursday, March 20, 2025

Tesla in talks to set up a factory in India, EV prices might start at Rs 20 lakh

- Advertisement -spot_img

Tesla has begun discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 5,00,000 electric vehicles,

The billionaire Elon Musk-led company is also looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, the report said, citing government sources. Tesla did not immediately respond to Reuters’ request for comment. 

The discussions with the Indian government show a shift in strategy for the U.S. electric car maker. Last year, talks stalled after the Indian government refused to agree to a request from Tesla seeking lower import taxes on cars, which can be as much as 100%. 

 

If you have an interesting Article / Report/case study to share, please get in touch with us at editors@roymediative.com  roy@roymediative.com, 9811346846/9625243429.

- Advertisement -spot_img
- Advertisement -spot_img