International

10 months ago

Tesla in Talks with India to Set Up Manufacturing Unit

Elon Musk and Tesla (Symbolic picture)
Elon Musk and Tesla (Symbolic picture)

 

IIE Digital Desk : Tesla, the American electric vehicle maker, is in talks with the Indian government to set up a manufacturing unit in the country. The talks are in the early stages, but Tesla is reportedly interested in setting up a plant in India that would produce both electric cars and electric car batteries.

The potential investment from Tesla would be a major boost for India's electric vehicle industry. The Indian government has set ambitious targets for the adoption of electric vehicles, and Tesla's investment would help to achieve those targets.

The establishment of a Tesla manufacturing unit in India would also create thousands of jobs. Tesla is one of the most valuable companies in the world, and its arrival in India would be a major vote of confidence in the country's economy.


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