Saturday, September 23, 2023
More
    HomeWorldTesla to set up their production base of vehicles in India.

    Tesla to set up their production base of vehicles in India.

    Related stories

    Tension in Indo-Canadian relations causes concern among Telugu students in Hyderabad

    Amidst the diplomatic standoff between India and Canada, the...

    Aam Aadmi Party to Contest 2024 Haryana Assembly Elections Independently in Chandigarh

    For the Lok Sabha election, there has been no discussion on seat sharing among the I NDIA opposition bloc members yet: State unit vice-president Anurag Dhanda

    Jayashree: BJP’s Reservation Will Be a Major Boost for Women

    BJP Mahila Morcha district president Choppari Jayashree expressed her...

    Owaisi assures safety of Muslims in Telangana

    MIM party leader Asaduddin Owaisi recently shared his views...
    - Advertisement -

    The Indian government invited Tesla CEO Elon Musk to collaborate. In response to government recommendations, the company will soon establish its vendor base in India, along with its electronic vehicle production here in India. They will begin by assembling their domestic vehicles, followed by relocating their vendor base.

     

    - Advertisement -

    Half of Tesla’s global production is already in Shanghai, China. Collaboration with India would imply the relocation of their Mega battery factory to India, which would imply Telsa withdrawing from its professional ties in China or reconsidering. Following the establishment of the manufacturing facility in India, a joint alliance will be formed with Indian business firms, similar to the border clashes in 2020.

     

    - Advertisement -

    Financial Express claims that Tesla has already been asked to submit a timeline for setting up their Indian supply base by the Indian government. Within the next three to six months, the company will divulge the same information. After receiving the blueprint, the government will be able to choose the concession offer and time frame for the setup.

     

    The Indian government will include Tesla in the PL scheme only after it agrees to the offer. Similar to recent PL scheme work on IT hardware and telecom production, the modified PLI scheme will also indicate Tesla’s advanced chemistry cell battery and its electronic vehicle. 

     

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here