Mr. Elon Musk's Tesla to set up its first India factory in Gujarat, announcement likely during Vibrant Gujarat event
- IBEF
- December 29, 2023
Tesla is poised to establish its manufacturing plant in Gujarat, India, with negotiations nearing conclusion and an official announcement expected during the Vibrant Gujarat Summit in January 2024, according to media reports. Gujarat, known for its favorable business environment, is already hosted to manufacturing units of automakers like Maruti Suzuki, making it a strategic choice for Tesla. The potential locations for the manufacturing plant include Sanand, Becharaji, and Dholera, as per Ahmedabad Mirror.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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