New Delhi: Inviting Tesla to start manufacturing in India, Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday said that Elon Musk is welcome to manufacture e-vehicles in India, but in case the Tesla owner desires to build in China and sell here, it cannot be a “good proposition”.
Gadkari made the remarks while speaking at a private event in Delhi answering a question on Tesla’s concerns on “high duties” in India.
“It is a very easy alternative, if Elon Musk is ready to manufacture a Tesla in India, there is no problem. We have got all competencies, the vendors are available. We have got all types of technology and because of that, he can reduce the cost,” Gadkari said.
“He is welcome in India. We don’t have any problem, but, suppose, he wants to manufacture in China and sell in India, it cannot be a good proposition for India. Our request to him is, come to India and manufacture here,” Gadkari said.
Citing the tremendous growth in the e-vehicles sector in India over the last few years, Gadkari further said that “my suggestion to Elon Musk is, in India, he will get a good market and Indian market is very huge. It is a win-win situation for both.”
He added that India has all the quality vendors and automobile spare parts that are available in China and that “it can be more easy for him to make here in India and sell in India. He will get good profits from that, and good economics is there. I will request him to come to India and start manufacturing here.”
Comments are closed.