Vibrant Gujarat Summit will be held in January 2024. Tesla CEO Elon Musk is expected to attend the event in person. In this event, important announcements will be made about the introduction of Tesla in India.
Expectation of where the Tesla factory will be located has been in many important states across India. Based on the information released now, it seems that the Tesla factory will be located in the city of ‘Sanand’.
There is fierce competition between states like Tamil Nadu, Maharashtra, Karnataka and Telangana to set up a factory for Tesla. But now the news has come out that Tesla factory will be located in Gujarat state.
Tata Motors, Maruti Suzuki and MG Motors already have car factories in the state of Gujarat. The announcement will be made at Vibrant Gujarat. Factories will be set up to make batteries as well as electric car production.
Kandla Mundra port is the main reason for setting up factories in Gujarat state. Cars can be manufactured in Sanand and exported to foreign countries easily.
Although this has not been confirmed, Becharaji and Dholera in the state of Gujarat have also been identified for Tesla. Tesla is planning to set up a factory in India, which does not import due to high import duties.
The development of electric cars in India now is good, which has further fueled its interest. Competitors like Tata, Hyundai and Mahindra are already selling electric cars in India.