Tesla

To Ship its EVs to India by next year and set up a factory in Two Years.

According to Bloomberg, Tesla could start exporting their Electric Models into India starting next year as the government is about to close the deal with the company.

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The potential states for consideration are Gujarat, Maharashtra, and Tamil Nadu, chosen for their well-established ecosystems supporting electric vehicles and exports.

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Tesla is poised to make an initial minimum investment of approximately $2 billion in any chosen plant, as revealed by insider sources.

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The Lowest car of Tesla is the Model 3 starting from 60 Lakhs the car could face tough competition from an already existing brand in India.

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Tesla opts not to directly import cars into India due to the considerable tariffs imposed. Once the locally manufactured Tesla vehicles become available for purchase, potential pricing could start as low as $20,000.

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