US EditionElon Musk's Tesla only eyes Indian sales; has no plan to set up manufacturing unit, says HD Kumaraswamy
- On June 24, 2025, the Ministry of Heavy Industries introduced a program aimed at encouraging the production of electric passenger vehicles within India.
- The scheme aims to attract global EV manufacturers by allowing imports with reduced customs duty and requiring a minimum Rs 4,150 crore investment.
- The application portal opened on June 24, 2025, at 10:30 a.m. and will close on October 21, 2025, at 6:00 p.m., enabling firms to apply to build EVs in India.
- Union Minister H D Kumaraswamy stated that Tesla’s current focus is limited to establishing a showroom for car sales in India, with no plans underway to set up manufacturing operations in the country.
- The scheme sets a framework for India to become a global EV manufacturing hub by encouraging investments, domestic value addition, and employment generation.
12 Articles
12 Articles
Tesla Only Keen on Selling Their Cars in India, No Further Plans, Says Union Minister HD Kumaraswamy (Watch Video)
'Tesla is only interested in opening a showroom till now. They want to sell their car in India. There is no further development about Tesla,' the Union Minister HD Kumaraswamy said. Tesla Only Keen on Selling Their Cars in India, No Further Plans, Says Union Minister HD Kumaraswamy (Watch Video).
Tesla Inches Closer to India Launch, But Manufacturing Still a Distant Dream
In a move that signals Tesla’s long-awaited India debut slated for July, the wraps are coming off the EV giant’s has leased a prime showroom space in Mumbai’s Bandra Kurla Complex (BKC), one of the country’s most high-profile commercial districts. The deal, finalized in February 2025, sees Tesla signing a lease for a 4,003-square-foot space at Unit G-1B, Maker Maxity, at an unprecedented rate of ₹881 per sq ft – a record-setting figure that unde…
Coverage Details
Bias Distribution
- 60% of the sources lean Right
To view factuality data please Upgrade to Premium
