In a significant development for India’s electric vehicle (EV) sector, Tesla, the renowned electric carmaker, has announced its plans to set up a brand-new factory in the country. The factory is expected to produce affordable electric vehicles at around Rs. 20 lahks.
The decision came after a productive meeting between Tesla’s representatives and India’s Commerce Minister, Mr. Piyush Goyal. During the meeting, both parties discussed various aspects related to the investment and expansion of the EV market in India.
With the establishment of this new factory, Tesla aims to make electric vehicles more accessible to the Indian population by offering them at a more affordable price. This move is likely to contribute significantly to the adoption of sustainable and environment-friendly transportation options in the country.
The proposed factory is expected to generate numerous job opportunities for the local workforce, bringing a positive impact on the Indian economy. Additionally, it will help reduce India’s dependence on fossil fuel-powered vehicles, curbing pollution and promoting a greener environment.
Tesla’s decision to invest in India highlights the country’s growing significance in the global electric vehicle industry. As more companies show interest in India’s EV market, it is expected to boost the country’s efforts in achieving its sustainable development goals.
However, further details regarding the exact location of the factory and its timeline for operation have not been disclosed yet. Nevertheless, this exciting development signals a promising step towards a cleaner and more sustainable future for India’s transportation sector.