Tesla suspended plans to enter India last year due to steep import tax structures, but has resumed talks in recent weeks.
Elon MuskExecutive Director of TeslaHe will report directly to Indian Prime Minister Narendra ModiOver the Planning to set up a manufacturing center in that country, according to a source familiar with the matter.
the meetingthe first at a high level to discuss expansion, This will take place on Tuesday during the visiting nation Modi to the United Statessaid the source, who asked not to be named because the discussions will be confidential.
Tesla targets in China
Executives of the American automaker visited India They were in talks with the country’s bureaucrats and ministers last month about setting up a site for Automotive manufacturingas well as for Battery manufacturing in India.
Musk will discuss investment plans and prospects With Modi, the source said, describing the planned discussion as a “High Level Meeting on India’s Economic Potential”.
Tesla has very aggressive plans for India, including manufacturing.The source added. Meanwhile, Tesla did not respond to questions from Reuters and an Indian government spokesperson did not respond to a request made outside of business hours.
background and context
Tesla suspended plans to enter India last year because of High import tax structuresbut Talks have resumed in recent weeks Sharing plans with Indian officials about setting up a manufacturing center there, which India has long sought.
Modi’s meeting with Musk, the owner of Twitter, will take on more importance because he is known Days after Twitter founder Jack Dorsey accused India of threatening to shut down the platform for not complying with removal orders during a protest in 2020-2021. India called the accusation “a blatant lie”.
