Telangana govt in talks with Tesla to set up electric car plant

Posted on:
Key Points

The Telangana government is holding discussions with Tesla by putting in all efforts to establish their plant in the state, Industries Minister D Sridhar Babu said on Thursday...

In a message on X Sridhar Babu said since December 2023 the state government has been actively focusing on major investment opportunities by global giants, and as part of its focus, Tesla's planned investment initiatives in India are also being tracked...

Read More: Tesla begins making cars in Germany for export to India this year: Sources..

The minister's comments came after BRS leader K T Rama Rao in a post tagged a news report suggesting that Tesla Motors will send a team to India to scout for locations for a proposed electric car plant with a proposed investment of USD 2-3 billion...

Make sure Tesla team visits Hyderabad and understands the progressive industrial policies of Telangana Government," Rama Rao said in the post..

You might be interested in

As Elon Musk skips out on Vibrant Gujarat Summit, what next for Tesla in India?

12, Jan, 24

Earlier, officials had confirmed that Tesla founder Elon Musk will not be attending the Vibrant Gujarat Summit 2024, launched on January 10.