Tesla might pick India’s Gujrat for its next EV manufacturing plant, reports local media

Electric vehicle manufacturer Tesla might pick the Indian state of Gujrat to set up a new EV manufacturing plant, reports local media.

The state’s Health minister and spokesperson Rushikesh Patel said that Tesla will open for the state to set up its first factory in the country.

“The company officials have visited Gujrat, and indications suggest a preference for the state as the location for their first factory in the country.” said the minister in a statement.

He further revealed that the state executives are in an ongoing conversation with Tesla to come up with an announcement.

Some other reports hint that an announcement could be made during the “Vibrant Gujrat Global Summit”, which will start on January 10, 2024.

It’s being said that Tesla CEO, Elon Musk will be flying to the country to join India’s Prime Minister Narendra Modi at the event.

Gujrat has emerged as an attractive destination for global investment from top tech companies. According to the media, the state government has suggested multiple locations including Saanad, Becharji, and Dholera for a manufacturing plant.

Tesla has shared no comment on this matter.

Long-Standing Plans:

Tesla and the Indian government have been engaged in a long-standing conversation to setup a manufacturing plant in the country.

But both parties have failed to come up with a resolution so far. The main hurdles in the deal include import duties, location, and negotiations.

However, there are some indications that Tesla and the Indian government have come up with an understanding on this matter in 2023.

Still, an official announcement from either side could clear the clouds of confusion.

(source – HindustanTimes)