Tesla has initiated the production of right-hand drive cars for the Indian market at its Berlin factory, with plans to have these cars on Indian roads later this year. Additionally, Tesla will send a team to India in the third week of April to scout locations for its manufacturing plans, considering Gujarat, Maharashtra, or Tamil Nadu as potential sites for its plant.
The company aims to make a significant foreign direct investment in India, including a tentative direct and immediate investment of $3 billion. This move aligns with India’s new EV policy, which requires a minimum investment of Rs 4,150 crore for manufacturing EVs in the country, with no upper limit on investment amount and a timeline of three years to set up manufacturing facilities.