Tesla In India: Telangana government actively pursues Tesla for plant establishment, focusing on major investments. Efforts include ongoing dialogue, showcasing industry-friendly policies, and urging Tesla s visit to Hyderabad for proposed investments.
According to the sources, no final decision has been taken and the plans may alter. Tesla CEO Elon Musk stated in June that Tesla expects to make a "significant investment" in India and that he hopes to visit in 2024 - Overdrive
India is now said to be considering lowering import taxes for international EV manufacturers for a period of 5 years if those firms eventually commit to setting up local factories.
China is Tesla's second-largest market, following the United States, and the company's Shanghai plant serves as its largest production hub for electric vehicles