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Tesla May Set Up EV Plant In Gujarat, Musk Likely To Visit India Next Month

Tesla May Set Up EV Plant In Gujarat, Musk Likely To Visit India Next Month
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Tesla India plant: Tesla's Gujarat plant likely to be announced during Vibrant Gujarat in presence of Elon Musk: Report

Tesla is expected to reveal its plans for a manufacturing plant in India in January during the Vibrant Gujarat Summit, with CEO Elon Musk in attendance. Gujarat is seen as an ideal location for Tesla s export-oriented strategy. Tesla was likely to invest up to $2 billion, contingent on a concessional duty of 15% on imported vehicles during the plant s first two years of operation. ....

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