Made in India Tesla for Rs 20L? Company in talks with govt to set up plant
After a lot of hiccups, Elon Musk-led Tesla has started discussions with the Indian government for an investment proposal to set up a car manufacturing facility in India with an annual capacity of as many as 500,000 electric vehicles, the starting prices for which will be Rs 20 lakh, The Times of India (ToI) has reported.
Tesla already has a substantial presence in China, and now, the company is looking at India as an export base to supply cars to other markets in the Indo-Pacific region, the newspaper cited government sources.
