Tesla is said to be looking at this major country for the site of its next gigafactory. But is the EV market there big enough at this time?
interest in India is said to have reappeared in May of this year, with a visit from Tesla executives having taken place a month before Prime Minister Modi's visit to the US and prior to his meeting with Musk.
Speaking of exports, a possible gigafactory India would see Tesla increase its shipping of cars from the Asia-Pacific region following the success of exports to Europe from Shanghai.The push for a Tesla presence in India comes amid a renewed effort by the government for a "Make in India" pitch to large corporations, many of which had established a manufacturing presence in China over the past three decades instead.
Reports of a possible Tesla gigafactory in India follow weeks of speculation regarding a possible second European plant, this time in France. Elon Musk was said to have met with French officials in June during an extended trip to Europe, as well as those from Italy and Spain, while considering potential sites in all three countries.
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