Elon Musk, CEO of Tesla Motors has stated in response to a twitter post that he hopes Tesla motors will enter India this summer.
Last year, Tesla unveiled its most ‘affordable’ electric car last year, the Model 3, and Musk announced their plan to enter the Indian market before production of the Model 3 starts.
In 2014, Tesla said it was interested in launching in India and even called the country a possible location to set up a manufacturing plant in Asia.
Nitin Gadkari, the Road Transport and Highways Minister brought this up during his visit to the San Francisco facility in July 2016. He then invited Tesla to make India their Asian manufacturing center and also offered them land close to important Indian ports to facilitate the export of their vehicles to South and South-east Asian countries.
Indian Prime Minister Narendra Modi visited the Tesla facility in San Jose, California in September 2016 and displayed a keen interest in some of their creations, especially in the renewable energy segment which can have multiple applications in remote rural areas.
At the same event, Musk also spoke about an India-wide Supercharger network.
Last year India’s Power Minister Piyush Goyal announced plans for a program that could see the whole nation’s car fleet becoming 100% electric by 2030.
By 2020, the Indian automotive industry is expected to reach the 7 million vehicles milestone, making it the third largest auto manufacturer in the world. In India, electric cars have not taken off as far as sales are concerned and so the Model 3 by Tesla could be a game changer.
Priced at around Rs. 23 lakh or $ 35,000, the car can reach a speed of 60 miles per hour in only 6 seconds and has an estimated range of 346 km on a single charge.