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Elon Musk-led EV major Tesla is looking to start operations in India but is currently not interested in manufacturing in the country, Union minister of heavy industries HD Kumaraswamy has said.
“We are not expecting to see interest from Tesla. They are only looking to start operations through showrooms and are not interested in manufacturing in India,” Kumaraswamy said in response to a question while unveiling the guidelines for the Centre’s scheme to boost domestic manufacturing of…
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Elon Musk-led EV major Tesla is looking to start operations in India but is currently not interested in manufacturing in the country, Union minister of heavy industries HD Kumaraswamy has said.
“We are not expecting to see interest from Tesla. They are only looking to start operations through showrooms and are not interested in manufacturing in India,” Kumaraswamy said in response to a question while unveiling the guidelines for the Centre’s scheme to boost domestic manufacturing of…
lockquote>
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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