Gadkari says that it is a good opportunity for Tesla to start manufacturing in India            

April 17, 2021 10:53 am

Gadkari on recently said that American electric car Major Tesla has a golden opportunity to set up its manufacturing facility in India.

Union Minister Nitin Gadkari recently said American electric car major Tesla has a golden opportunity to set up its manufacturing facility in India given the country’s thrust on e-vehicles. Tesla is already sourcing various auto components from Indian automakers and setting up base here would be economically viable for it, Road Transport, Highways and MSMEs.

“I will suggest Tesla that it will be golden opportunity for them to start manufacturing facility in India because as the automobile components are concerned, already Tesla is taking a lot of components from the Indian manufacturers. So there will be availability,” the minister said. “At the same time, the Indian market will be good for Tesla also”, he added.

Gadkari exuded confidence that given the improvement in Indian products, within two years India would be capable of producing e-vehicles of Tesla’s standard. He also said Tesla can make industrial clusters and create and develop its own vendors here.

The minister noted that steel, aluminium, copper and rubber will be for easily available from scrapped vehicles for recycling and added that mass production will make electric vehicles economically viable. Gadkari further said he will be requesting government departments and public undertakings to purchase e-vehicles. The minister emphasised that India has the potential to become the largest EV (electric vehicle) producer in the world in the next five years.

Gadkari has been pushing for green fuel and electric vehicles for cutting India’s huge ₹8 lakh crore crude imports. Earlier this year, Tesla registered its Indian arm. Tesla Inc. co-founder and chief executive Elon Musk had in October 2020 said the company will enter the Indian market in 2021. The Maharashtra government had earlier said it is looking for potential investment from Tesla in the state and has held discussions with the company.

For more info, visit: https://www.tesla.com/