Top Tesla executives likely to meet Union Minister Goyal soon, talk manufacturing plans
Tesla Inc executives are likely to meet Union commerce and industry minister Piyush Goyal soon, to discuss the US electric vehicle maker's plans to set up car and battery manufacturing facilities in India. The development follows a virtual meeting between Goyal and Tesla chief executive Elon Musk earlier this month, people aware of the details told ET. Stakeholder ministries — the ministry of commerce and industry as well as the ministry of electronics and information technology (MeitY) — have been discussing the electric carmaker's plans since Musk met Prime Minister Narendra Modi in the US during his state visit last month, said the people cited.
«Multiple ministries are involved in these talks. Top company executives are expected to visit soon,» said an official. «Musk had a meeting with Goyal virtually about two weeks ago.
It was centred around how Tesla can set up a manufacturing presence in India,» another person in the know told ET. The largest electric vehicle manufacturer in the world currently has factories in China, Germany, the US, Canada, Mexico and the Netherlands.Government offers full support «The government has said they (Tesla) can convey whatever support they need, and it will be organised. The next steps are being decided.
Tesla is very keen on India, which is why they have even had this meeting,» the second person said. On July 13, ET reported that Tesla held talks with Union government officials, exploring the possibility of getting its auto parts and electronics chain to India, as well as discussing possible incentives and tax breaks. Tesla has expressed interest in bringing its own supply chain ecosystem to India, even as the government asked the company to evaluate the existing domestic auto
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