Tesla is planning to begin its operation starting next year in India. The news broke out after the electric car manufacturer said that it is confident enough to enter the world’s second-most populous country. Elon Musk also confirmed the same on Twitter.
Union Minister for Road Transport & Highways of India, Nitin Gadkari, told the Indian Express that Tesla will start operations first with sales and then maybe look at assembly and manufacturing based on the response to the cars. “India is going to become a number 1 manufacturing hub for auto in five years,” Gadkari added.
Reports have suggested that Tesla will first introduce the Model 3 as it is the most affordable car in its lineup. Prices will start from ₹55 Lakh (~$74,825) and is highly overpriced, thanks to high tariffs and duties. Prices might come down once Tesla starts manufacturing locally.