Tesla executives and Indian authorities have stepped up their exchanges in recent months, though nothing official has yet been announced. But after a recent meeting between Elon Musk and Narendra Modi, the Prime Minister of India, we should know a little more in the coming weeks.

According to the Times of India, Tesla has started discussions with the Indian government to build a Gigafactory to assemble cars in the country. annual capacity up to 500,000 cars.

Will Tesla Model 2 be made in India?

Tesla is reportedly planning to launch a new electric model that will retail for around two million Indian rupees, or around 22,000 euros at the current exchange rate. If you do the math, it should be the Model 2, which Tesla predicts could cost around the same price.

After Mexico, where the commissioning of a new Gigafactory is imminent, India, which can take advantage of cheap labor, will also be ready to meet the new global ambitions of the American firm.

It should also be remembered that the brand will perform “Of course” investment in France according to Elon Musk after several meetings with Emmanuel Macron. The factory could see the light on the slope of the new Battery Valley, in the north of France.

India, Tesla’s new El Dorado?

In this way, New Delhi can become a kind of “hub” for exporting its cars to the entire region of South Asia.

“Tesla presented us with an ambitious plan, and we are confident that this time the decision will be positive, especially since it concerns both local production and exports”a source who preferred to remain anonymous told the Times of India.

The Department of Trade and Industry is reportedly in talks with Tesla, and the government hopes to reach a deal “good deal”ensuring that level playing field for other car manufacturers.

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