Elon Musk intends to establish the full Tesla Ecosystem in India : Piyush Goyal

NEW DELHI : Elon Musk has unrelenting ambition as he sets his sights on India, a country full of opportunities for his creative endeavors. According to Shri Piyush Goyal the Minister of Commerce and Industry, Musk is preparing to create a comprehensive Tesla ecosystem in India. This declaration highlights India’s growing significance in the field of sustainable transportation and represents a critical turning point in Musk’s global expansion strategy.

According to Shri Goyal, Musk sees India not only as a lucrative market but also as a strategic base for serving global markets. He highlighted Tesla’s success story in China, where the company played a pivotal role in catalyzing the growth of the electric mobility ecosystem. Through partnerships and collaborations with local companies, Tesla facilitated the establishment of numerous electric vehicle manufacturing plants, thereby accelerating the adoption of electric mobility in the region.

He further said all the major companies are showing interest in India because they are confident about Prime Minister Shri Narendra Modi‘s electoral prospects, asserting that his return to power would be with a resounding majority. Shri Goyal mentioned the global significance of India’s emergence as a leader in electric mobility, emphasizing that the world has taken notice of the country’s strides in this field.

Musk’s plan goes beyond just making automobiles; it also includes building facilities for charging, producing batteries, and possibly even doing research and development. A comprehensive strategy like this shows Musk’s dedication to incorporating Tesla into Indian society and promoting sustainability and creativity. 

In addition to improving India’s standing as a location for international investment, Tesla’s presence in the country encourages cooperation and knowledge sharing in the sustainability and technology sectors.

According to Shri Goyal, Prime Minister Modi’s endorsement of India as the world’s hub for electric mobility is a significant development. He emphasized that this declaration has garnered attention from major companies worldwide, who are now considering India as their manufacturing base for electric vehicles in the future.

When asked Maharashtra and Gujarat will be considered as the potential destinations for Tesla, Goyal laughed and said, “Hum Bharat ke rehne wale hai Bharat ki baat karte hai.”  As a prospective Member of Parliament from Mumbai North, Goyal emphasized the importance of prioritizing India’s interests and fostering economic growth across the nation.

Elon Musk, the CEO of Tesla and SpaceX, has confirmed his visit to India on April 21 and 22. During his trip, he will meet with Prime Minister Narendra Modi. Musk is set to make some big announcements, including the launch of the Starlink Service and plans to invest between $2 billion to $3 billion in India.