Tesla in talks to set up India factory for electric cars starting @ Rs 20L
After years of dilly-dallying, Elon Musk's Tesla has opened 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 lakh electric vehicles with prices beginning from Rs 20 lakh. The company is looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, government sources told TOI.
After years of dilly-dallying, Elon Musk's Tesla has opened 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 lakh electric vehicles with prices beginning from Rs 20 lakh. The company is looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, government sources told TOI.
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