Tesla, the world's largest electric vehicle manufacturer, is going to set up its first factory in India in Gujarat.

Tesla CEO Elon Musk said in June 2023 that they are going to make a "significant investment" in India.

Images By Google

An agreement between the Indian government and Tesla may be announced at the Vibrant Gujarat Global Summit in January 2024.

Images By Google

Gujarat, Maharashtra and Tamil Nadu are being seen as potential locations for Tesla.

Images By Google

The Gujarat government has offered Tesla about 1,000 acres of land on the Kutch coast in Mundra.

Images By Google

Tesla will have to make an initial investment of about $2 billion in any plant, and they will try to increase the purchase of auto parts from India to $15 billion.

Images By Google

Tesla wants to send its electric cars to India from next year itself.

Images By Google

Tesla's arrival in India, where demand among middle class customers for electric vehicles is increasing, will be a big opportunity.

Images By Google