Tesla, the American electric car manufacturer, is in talks to set up a factory in India. The factory would be located in Gujarat, and it would produce electric cars starting at ₹20 lakh.

The talks between Tesla and the Indian government have been ongoing for some time, and they are reportedly nearing a conclusion. If the deal is finalized, it would be a major coup for the Indian government, which is eager to promote the adoption of electric vehicles.

Tesla’s entry into the Indian market would be a major boost for the country’s electric vehicle industry. Tesla is one of the leading electric car manufacturers in the world, and its arrival would help to raise awareness of electric vehicles in India. The Indian government has been offering incentives to encourage the adoption of electric vehicles. These incentives include tax breaks and subsidies. The government is also working to build a network of charging stations across the country.

If Tesla does set up a factory in India, it is likely to have a significant impact on the country’s electric vehicle market. Tesla’s cars are known for their high performance and long range, and they would be a major draw for Indian consumers. The factory would also create jobs in India. Tesla is a major employer, and it is estimated that the factory would create up to 10,000 jobs. The talks between Tesla and the Indian government are still ongoing, but there is a growing sense of optimism that a deal will be finalized soon. If the deal is finalized, it would be a major win for both Tesla and India.