Tesla still welcome in India after Elon Musk picks China for factory - News Summed Up

Tesla still welcome in India after Elon Musk picks China for factory


Elon Musk said in June that Tesla is in discussions with the government of India requesting temporary relief on import penalties or restrictions until a local factory is built. Photo: ReutersNew Delhi: India is still open to Tesla Inc. setting up operations in the country, even though the electric-car maker has chosen China for its first plant overseas. Chief executive officer (CEO) Elon Musk had discussions with Indian officials—some of them made public in Twitter posts—about the nation’s policies on manufacturing and import of electric vehicles. Responding to a question of whether India lost out on an opportunity with Tesla, Gadkari said it was a decision for the company to make. Musk said in June his company is in discussions with the government of India requesting temporary relief on import penalties or restrictions until a local factory is built.


Source: Mint January 24, 2018 08:48 UTC



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