India closer to agreement with Tesla to import EVs, set up plant
Tuesday, 21 November 2023 () An announcement could come at the Vibrant Gujarat Global Summit in January, one of the people said, declining to be identified because the discussions are private. Gujarat, which is Prime Minister Narendra Modi’s home base, Maharashtra and Tamil Nadu are under consideration because they already have well-established ecosystems for electric vehicles and exports, another person said. Tesla would commit an initial minimum investment in any plant of around $2 billion, one person said.
India’s Commerce and Industry Minister Piyush Goyal visited a Tesla manufacturing facility in California on Tuesday. He highlighted India's role in contributing to Tesla's journey. During his visit,..
Tesla Inc. is nearing a deal with the Indian government that would enable the US carmaker to start importing its electric vehicles (EVs) to India from 2024,... BGR India