Tesla’s India Gigafactory to come up in Gujarat?

Team Udayavani, Dec 29, 2023, 4:28 PM IST

Tesla Model X 9Credit: Company website)

US-based electric vehicle manufacturer Tesla’s India Gigafactory may come up in Gujarat.

According to PTI, Gujarat Minister Rushikesh Patel on Thursday said his government was “very hopeful” that Elon Musk-led Tesla will choose the state to set up a plant and informed communication was on with the firm in this regard.

Patel was responding to queries based on news reports suggesting that the US-based electric vehicle maker was planning to set up a manufacturing plant in Gujarat.

“The state government is very hopeful of Tesla coming to Gujarat. Even Elon Musk is looking at Gujarat as his first choice. Gujarat is in his mind ever since he began a survey in India to find a suitable location to set up the plant,” said Patel, who is health minister and spokesperson of the state government.

“Perhaps, very soon, an official announcement will be made in this regard (Tesla’s entry. Let us hope Tesla comes to Gujarat. We will definitely welcome it and provide all necessary support, just like we gave Tata, Ford and Suzuki in the past,” Patel told reporters in Gandhinagar.

Patel said communication (with Tesla) was on and this may be the reason such news (of firm planning factory in the state) was published.

Tesla’s plan to enter the Indian market was announced post Indian Prime Minister Narendra Modi’s meeting with Elon Musk in New York earlier in June. It is speculated that Musk may visit India in the first half of 2024 to finalize plans for the Tesla India Gigafactory.

In September, Gujarat’s Additional Chief Secretary (Industries and Mines Department) S J Haider said the Centre is in touch with Tesla to consider setting up a manufacturing facility in India.

He had said Gujarat will approach the company at an appropriate time to ensure the state has a significant role in the future plans.

Commerce and Industry Minister Piyush Goyal had recently said Tesla is looking to source components worth around USD 1.9 billion from India this year against USD 1 billion last year.

However, there hasn’t been an official announcement from either Tesla or the Government of India regarding the manufacturing facility.

(with PTI inputs)