- Thursday, May 02, 2024
The minister’s comments came after his predecessor in a post tagged a news report suggesting that Tesla Motors will send a team to India to scout for locations for a proposed electric car plant.
By: Shubham Ghosh
THE government of the southern Indian state of Telangana is holding talks with US electric vehicle (EV) maker Tesla in a bid to set up their plant in the state, its industries minister D Sridhar Babu said on Thursday (4).
In a message on X, he said since December 2023, the state government has been actively focusing on major investment opportunities by global giants, and as part of its focus, Tesla’s planned investment initiatives in India are also being tracked.
“We have been studying and tracking Tesla’s planned investment initiatives in India. We have been making all out efforts to bring Tesla to Telangana for some time… Our team is continuing the dialogue and discussions with Tesla by putting in all efforts for Tesla to establish their plant in Telangana,” he said.
Read: Elon Musk’s Tesla to scout sites in India for $3 billion EV plant: report
Telangana with its industry-friendly policy, is working with a progressive and futuristic vision by creating a world class Infrastructure and hassle-free permissions system to enable best-in-class companies like Tesla to do business in Telangana, he added.
The minister’s comments came after his predecessor K T Rama Rao of the Bharat Rashtra Samithi (BRS) in a post tagged a news report suggesting that Tesla Motors will send a team to India to scout for locations for a proposed electric car plant with a proposed investment of $2-3 billion.
Read: In a move that suits Tesla, India to slash EV import tax if $500m invested
“Request Telangana Government to go all out and do your best to bring them to our state. Make sure Tesla team visits Hyderabad and understands the progressive industrial policies of Telangana Government,” Rama Rao said in the post.
The BRS was voted out of power in Telangana, India’s youngest state that was founded in 2014, last year and was replaced by the Indian National Congress.
