Tesla In Talks To Set Up Automobile Manufacturing facility In India, EVs To Begin At Rs 20 Lakh: Report
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Tesla has began discussions with the Indian authorities for an funding proposal to arrange a automobile manufacturing facility within the nation, with an annual capability of as many as 500,000 electrical autos, the Instances of India reported on Thursday.
The costs for the electrical autos would begin from 2 million rupees ($24,400.66), the report added.
Tesla didn't instantly reply to Reuters' request for remark.
The billionaire Elon Musk-led firm can be utilizing India as an export base because it plans to ship automobiles to nations within the Indo-Pacific area, the report mentioned, citing authorities sources.
In a gathering with Musk final month, Indian Prime Minister Narendra Modi pushed the automobile maker to make a "important funding" within the nation.
(This story has not been edited by NDTV workers and is auto-generated from a syndicated feed.)
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