Tesla interested in building a factory in India to produce a low-cost EV there
Tesla has already expressed interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000 – about 25% cheaper than the entry model Tesla’s current range – both for the Indian market and for export.
Discussions between Tesla and Indian authorities
The two leaders, based in the United States – Rohan Patel, senior public policy and business development officer, and Roshan Thomas, vice president of supply chain – are currently in New Delhi and have met with officials. of the Invest India agency, the two sources said. Invest India CEO Nivruti Rai, a former Intel executive, spoke to Tesla executives during a meeting last Thursday.
Still, most of Tesla’s meetings with Indian officials have been kept secret. Reuters reported last week that Tesla representatives will also meet Commerce Minister Piyush Goyal with talks expected to focus on setting up an electric vehicle supply chain and allocating land for factory.
Many Indian states want to woo Tesla to locate its factory in their region, but the automaker is currently focused on discussing its proposal with the federal government in New Delhi, according to one of the sources.
Our opinion, by leblogauto.com
Tesla is “serious” about establishing a manufacturing base in India, India’s deputy technology minister said last May, following a meeting with senior officials at the US electric vehicle maker.
Tesla takes India very seriously as a production and innovation base, Rajeev Chandrasekhar said in an Indian government official’s first public comment on talks with the automaker.
“We have signaled to them that the Government of India is working jointly (and) will certainly make any ambitions or goals of investing in India a success,” said Chandrasekhar, one of the top officials in the Prime Minister’s Administration. Narendra Modi.
Source: Reuters
