• Monday, 15 April, 2024 11:06:PM

    Owner of Tesla and X is coming to India to meet PM source says. Mukesh Ambani has played an important role in bringing Musk to the country source says. It is presumed that in the future, EVs will be manufactured under a JV of Tesla, and the Reliance source says. Tesla has been trying to have a manufacturing unit in the country since 2015 but could not succeed even after getting a subsidy firm registered in 2017, a Bangluru source says. Perturbed by the failure, Musk on the international platform, described the country as a high import duty country in 2019, a source says. In 2023, Musk met PM when he was on tour to the USA, and the result was the reduction of import duty in March this year, a source says. Gadkari also said on a public platform that Musk will have to start a manufacturing unit if wants to bring EVs into the country source says. Tesla is searching for suitable places in Gujarat, Maharashtra and Telangana to establish manufacturing units source says. This is likely to be a JV with Reliance Industries source says.

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