Union Minister for Road Transport and Highways Nitin Gadkari confirmed that Elon Musk’s Tesla Motors will enter India in 2021. Gadkari said that the American electric car major is set to start its operations in India next year, adding that the company would also look at setting up a manufacturing unit based on demand.
Tesla Inc. co-founder and chief executive Elon Musk had in December 27 said the company will enter the Indian market in 2021 when he replied to a Twitter user about Tesla’s possible entry in the country. Musk had said ‘but definitely this year,’ while replying to a query on Tesla’s India plans on Twitter.
Stressing that India has a power surplus, Gadkari said the benefits of e-mobility solutions are immense here. “The Centre intends to have an electric vehicle sales penetration of 30 per cent for private cars, 70 per cent for commercial cars, 40 per cent for buses, and 80 per cent for two and three-wheelers by 2030 by providing various incentives, which are likely to drive the growth of EV market in India,” Gadkari said.