Tue, 03 Jun 2025

Tue, 03 Jun 2025 Tesla is 'not interested' in producing cars in India - minister

This is the first time India has publicly admitted that it has not been able to lure investment dollars from Musk.

* Tesla is "not interested" in manufacturing in India, said the country's heavy industries minister HD Kumaraswamy.
* The Indian government had issued detailed guidelines for a scheme to promote EV manufacturing in the country, but Tesla was not involved.
* Mercedes Benz, Skoda-Volkswagen, Hyundai, and Kia have shown interest in manufacturing electric cars in India.
* A Tesla representative participated in the first round of stakeholder discussions but was not part of subsequent rounds.
* This comes after US President Donald Trump said it would be "unfair" for the US if Tesla built a factory in India.
* Analysts say the Indian EV market may not be mature enough yet for Tesla to invest locally, with charging infrastructure and local road conditions being deterrents.
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