Is Tesla factory going to be set up in India? Musk is sending his team to search for a place!

Tesla has been talking to Indian government officials for almost a year. In June last year, Elon Musk also met Prime Minister Narendra Modi.
Preparations have started for American electric car manufacturer Tesla to come to India (Tesla in India). There is news that a team from the company is going to visit India. During this time, it will search for land to set up Tesla plants in different states. Let us tell you, Tesla is going to invest 2-3 billion dollars for its new plant in India. About Rs 25 thousand crores.


Financial Times has published this information after talking to two people with knowledge of Tesla projects. It is expected that the team can come this month to find the location of the factory. They are focusing on places like Maharashtra, Gujarat and Tamil Nadu because these states already have many car factories.

Tesla has been talking to Indian government officials for almost a year. Musk had also met PM Modi in June last year. Then in July, Tesla had said that they want to set up a factory in India to make a car whose price will be Rs 17-18 lakh. Only last month, India had announced to reduce the import tax on electric cars. This will be only for those companies who agree to invest at least Rs 3,700 crore and start manufacturing cars in India within three years.

Experts believe that if Tesla starts selling cars in India, it will motivate other companies to invest in electric cars. Besides, this will also benefit the companies making parts for vehicles in India. If Tesla's investment is confirmed before the elections in India, it will also prove beneficial for PM Narendra Modi's government.

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