Discussions with Tesla to establish manufacturing plant in Gujarat in final stages: Report
Announcement likely at Vibrant Gujarat Summit.
Tesla is expected to set up its manufacturing plant in Gujarat, with an official announcement likely at the Vibrant Gujarat Summit in January 2024, reported Ahmedabad Mirror, a part of India's largest print media house.
Tesla prefers the state due to its conducive business environment, the paper reported, also adding that the Gujarat government has given Sanand, Becharaji and Dholera as options to establish the plant.
Persons in the know said Gujarat aligns well with the American car company's export-oriented approach to cater to both domestic and international demand, Ahmedabad Mirror reported.
Tesla has been engaged in negotiations with the Central government, seeking concessions that would facilitate a smoother entry into the Indian market. The demands for concessions were part of the broader discussions around easing regulatory hurdles and ensuring a conducive business environment for Tesla’s operations in the country.
Reuters had reported earlier that Tesla and India have been in talks for several months with the U.S. carmaker open to setting up a factory but also keen to get lower import taxes for some of its high-end vehicles.
If Tesla does end up coming to Gujarat, it will join a host of auto firms such as Maruti Suzuki, Tata and Morris Garage, all of which have manufacturing bases in the state, Ahmedabad Mirror noted.
RELATED ARTICLES
Prawaas 5.0 Concludes in Gandhinagar, Marking BOCI's 10th Anniversary
Held from 9–11 July at Gandhinagar's Helipad Exhibition Centre, the event marked BOCI's tenth anniversary and drew over ...
Nippon Paint Showcases Coil Coating Tech at SMARTCOR 2026
Nippon Paint presented advanced coil coating solutions for pre-painted steel at SMARTCOR 2026 in Bhubaneswar, focusing o...
Sonalika Rolls Out 20 Lakhth Tractor at Hoshiarpur Plant
India's No.1 tractor exporter Sonalika marked 30 years as its 20 lakhth tractor rolled off the world's largest integrate...


28 Dec 2023
9173 Views
Sarthak Mahajan
