Tesla execs to meet commerce minister as China fumes at India’s BYD plant rejection

Updated: Jul 25th, 2023

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Tesla in India (image: IANS)

Representatives from Elon Musk-Tesla are reportedly expected to meet union commerce minister Piyush Goyal as early as this month to chalk out a facility to build a ₹20 lakh electric car, as China fumes at New Delhi rejecting BYD Group’s bid to build a $1 b (₹8,186 cr) facility.

According to reports, the meeting with Goyal will be the highest-level one since Musk met PM Modi in the US last month and said he plans to bring Tesla to India as soon as humanly possible.

Tesla was yet to comment on the report.

US electric car producer Tesla has proposed setting up a factory in India to build electric cars for domestic sale and export.

Meanwhile, as the government gears up to welcome Musk's Tesla, the Centre has reportedly rejected Chinese electric vehicle (EV) giant BYD Motors' plan to set up a $1 b (₹8,186 cr) four-wheeler manufacturing facility in the country.

(Source:IANS)

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