After a ton of anticipation, Elon Musk’s Tesla finally took the necessary steps to enter India late last year. The American EV maker will initially import vehicles in the country, starting sometime later in 2021. But the government wants the company to manufacture Tesla cars in India. To encourage Tesla to set up a local manufacturing plant, the government says it will offer Tesla huge incentives. This step will also ensure that Tesla sets up its next manufacturing unit in India instead of China, where it already operates Gigafactory 3.
Moreover, the government suggests that India could become an export hub for the company. This is because some key components such as lithium-ion batteries are now being made locally in the country.
