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Tesla to enter India in 2021

Saransh Pandey

Intern
  • January 04, 2021
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    Tesla Inc. co-founder and chief executive Elon Musk had in October said the company will enter the Indian market in 2021.

Union Minister Nitin Gadkari announced that American electric car major Tesla is all set to start its operations in India starting from the year 2021 and would also look at setting up a manufacturing unit based on demand. The Road, Transport and Highways Minister have always given preference for green fuel and electric vehicles for cutting India's huge Rs 8 lakh crore crude imports. 

Tesla Inc. co-founder and chief executive Elon Musk had in October said the company will enter the Indian market in 2021. Gadkari said that American auto major Tesla will have its distribution facility for its cars in India from next year and considering the demand it would look into setting up of manufacturing here. According to him, India has the potential to become the largest EV (electric vehicle) producer in the world in the next five years. 

In order to fulfil India's pledge to reduce carbon emissions by 30-35 percent by 2030 and efforts to cut down on Rs 8 lakh crore-worth crude oil imports, the focus is also on green fuel and electricity as well as EVs. Gadkari stressed the fact that India is a power surplus, and the benefits of e-mobility solutions are immense in our country. 

Gadkari said that the Centre aims to have an electric vehicle sales penetration of 30 percent for private cars, 70 percent for commercial cars, 40 percent for buses, and 80 percent for two and three-wheelers by 2030. Also, the government is planning to set up at least one e-charging kiosk at each of the around 69,000 petrol pumps across the country with an aim to accelerate the uptake of EVs.  

In October this year, Musk had said "next year for sure," while replying to a query on Tesla's India plans on Twitter. Earlier, the Maharashtra government had said it is looking for potential investment from Tesla in the state and has held discussions with the company. Maharashtra is already home to a host of domestic and foreign automobile manufacturers with Chakan Industrial belt near Pune a major automobile hub in the state. 

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