India's heavy industries minister announced that Tesla is "not interested in manufacturing in India" despite the government's efforts to attract EV manufacturers. Though Tesla plans to open two showrooms and has engaged in discussions, their actual manufacturing ambitions in the country remain unfulfilled. Other brands like Mercedes and Hyundai show interest, while Tesla has hesitated, citing a preference for exporting initially. The ongoing talks reflect the challenges of tapping into India's price-sensitive market, alongside regulations demanding local production.
"Tesla is not interested in manufacturing in India," confirmed the heavy industries minister, highlighting ongoing negotiations with other car manufacturers instead.
After many attempts to negotiate entry into India, Tesla's plans were stalled due to the government's insistence on local production for the market.
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