Tesla Not Interested In Manufacturing In India: Union Minister HD Kumaraswamy

Union Minister H.D. Kumaraswamy stated that Tesla is not interested in manufacturing cars in India and is instead focused on establishing showrooms. This revelation comes amidst the Indian government's efforts to attract major electric vehicle manufacturers for local production to boost the "Make in India" initiative and reduce import dependency. Despite earlier speculation and government incentives for EV manufacturing, Tesla has remained non-committal regarding setting up a factory. This stance contrasts with rivals like BYD and Tata Motors, which are accelerating their domestic EV plans, potentially causing Tesla to miss out on India's rapidly growing electric vehicle market and its strategic manufacturing push.