Tesla’s Indian Odyssey: Minister Goyal’s Visit Fuels Hopes of a Thriving Partnership

Tesla’s Indian Odyssey: Commerce and Industry Minister Piyush Goyal made a significant visit to Tesla’s cutting-edge manufacturing facility in Fremont, California, underscoring India’s vital role in the electric vehicle giant’s transformative journey. Engaging with Indian professionals in key roles, Goyal missed a face-to-face meeting with Elon Musk, who expressed his regret due to being unwell. Despite the absence, Musk tweeted that he was honored by the visit and looked forward to a future meeting.

Goyal shared his enthusiasm, praising the talent of Indian engineers and finance professionals contributing to Tesla’s mobility revolution. He also highlighted the growing importance of Indian auto component suppliers in Tesla’s EV supply chain, with plans to double component imports from India. Expressing wishes for Musk’s speedy recovery, Goyal underscored the significance of India’s role in Tesla’s global operations.

Tesla's Indian Odyssey (1)

Sources suggest Tesla’s active pursuit of an Indian manufacturing plant, with a focus on producing a $24,000 car domestically. This visit coincides with reports of India considering customs duty concessions for Tesla, signaling the nation’s commitment to facilitating the company’s local presence. In September, Goyal outlined Tesla’s plans to source components worth around USD 1.9 billion from India this year, a substantial increase from the previous year’s USD 1 billion.

Elon Musk’s 2021 statement about Tesla’s potential manufacturing unit in India aligns with the company’s ongoing efforts to navigate import challenges. Despite import duties being cited as the highest globally, Tesla is evidently committed to exploring and expanding its footprint in the Indian market.

Also read: Googles Revenue Secrets Revealed Secrets Revealed: Pichai Confirms 36% Safari Fee to Apple Amid Antitrust Heat

Our Reader’s Queries

What is the price of Tesla launch in India?

Get ready to experience the future of automobiles with Tesla’s upcoming cars in India. The price list for 2024-2025 is out and it’s impressive. The Tesla Model 2 is expected to launch in July 2025 with a price tag of Rs. 45.00 Lakh. The Tesla Model X, on the other hand, is priced at Rs. 2.00 Crore and the launch date is yet to be revealed. The Tesla Model Y is expected to hit the market with a price of Rs. 70.00 Lakh, but the launch date is still a mystery. Lastly, the Tesla Model S is priced at Rs. 1.50 Crore and the launch date is yet to be revealed. Stay tuned for more updates on these futuristic cars.

Leave a Reply

Your email address will not be published. Required fields are marked *