State Minister for Technology Rajeev Chandrasekhar told Reuters in an interview, “Tesla is serious about building a production and innovation base in India. The government will help.” Earlier, Reuters had reported that Tesla has proposed to make EV in India. Apart from this, it is also considering manufacturing of EV batteries. on asking whether Tesla The conversation included topics other than just making vehicles, Chandrasekhar said, “When such discussions happen, you don’t just talk about cars. You talk about cars, energy and manufacturing technology. These Everyone was involved in the conversation.”
Tesla did not respond to a request for comment. Many global companies want to expand their supply chain out of China. Prime Minister Narendra Modi’s ‘Make in India’ campaign can be a good way for such companies. Tesla’s Chief Executive Officer, Elon Musk, last year shelved his plan to sell electric cars in the country after the government rejected his request to reduce import taxes. Musk said that the import tax on cars in India is very high.
Recently Musk had said that this year the company could launch full self-drive technology. This is likely to increase Tesla’s profit. The company sells full self-driving (FSD) software as an option for about $15,000. Musk had said, “I think we’ll introduce it this year.” Prior to this, Musk has not been able to meet the goals set for the self-driving capability of Tesla’s electric cars several times. In the last few months, the prices of Tesla’s electric cars have been cut. This has affected the margin of the company.
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