Tesla will enter India next year. The company will set up a manufacturing plant in 2024.
Tesla will likely open its first plant in Sanand, Becharaji, or Dholera in Gujarat.
Tesla has plans to export India-made Tesla cars to the world. Sanand has a short distance from Kandla-Mundra port in Gujarat, which can facilitate exports to other countries.
Tesla is potentially poised to receive authorization to import fully assembled vehicles with a discounted import duty ranging between 15-20 percent.
Tesla’s first plant will likely have a yearly capacity of manufacturing 5 lakh EV units.