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Tesla Might Setup Factory in India Post Model 3 Launch

Tesla Might Setup Factory in India Post Model 3 Launch

Snapshot: In the aftermath of meeting with CEO Elon Musk, Nitin Gadkari said that there are fair chances of Tesla making India its manufacturing hub

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Tesla Motors, the San Francisco-based electric carmaker, might consider setting up a factory in India once the much-anticipated Model 3 is launched worldwide next year. In the aftermath of meeting with senior Tesla executives and CEO Elon Musk at the company headquarters, Nitin Gadkari, Union Minister of Road Transport & Highways and Shipping, Government of India, said that there are fair chances of Tesla making India its manufacturing hub for Asia region.

Know Everything About the Tesla Model 3

In an interview with ET Auto, Nitin Gadkari said, "They are positive on setting up a base in India but will only decide on it after their Model 3 car is launched." The company had recently unveiled the Model 3, which is its most affordable offering at $35,000 (Around Rs. 23 Lakhs). The Model 3, in no time, has registered over 4 Lakh orders, and some of them are from India. Gadkari, on his visit, assured Tesla executives that Indian Government is committed to provide every possible support to the carmaker for setting a Tesla factory in India. "We have offered them (support) to make India their Asia manufacturing hub. We will provide them land near the port of their preference along with all necessary support. Rules on alternate fuel cars have already been clarified by us," he said. Just so you know, The government is almost ready to launch the National Electric Mobility Mission Plan (NEMMP), which aims to get 6 million electric vehicles, including two-wheelers, on the road by 2020.

Tesla cars come with an all-electric range of over 300 kilometers on a single charge. Currently, Mahindra Reva, the home-grown automaker, offers the e2o electric car in the country, which has a range of around 90-100 kilometers at one go. "They (Tesla) have path-breaking energy storage technology. I told them that India could be one of their largest markets and we would be the most cost effective. I have proposed joint ventures between the electric car manufacturers and Indian automobile companies. We also want Tesla to manufacture commercial vehicles," added Gadkari. Tesla CEO Elon Musk has already confirmed that the company would setup a network of superchargers in India before it introduces the Model 3 in the country. The network of superchargers would be established in a few big cities in initial stage.

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