Tesla will reportedly begin its operation in India in early 2021, a top Indian minister said on Monday, a day after the tech-centric carmaker said it was confident it would enter the world’s second-most populated market next year.
Tesla’s operations will begin with sales in early 2021 and then “maybe” look at assembling and manufacturing vehicles in the country, India’s transport minister Nitin Gadkari told newspaper Indian Express. In October, Tesla CEO Elon Musk had suggested that the company will come to India in 2021 while responding to a tweet. “Next year for sure,” Musk had replied when a handle called Tesla Club India checked with him about the company’s progress in India.
The first car that is rumored to launch in India is tesla’s most affordable
Model 3 booking for which could start in a few weeks. However, the Economic Times report said the sales will happen only in the second half of the year. The completely built units will be imported and likely to be priced Rs 55 lakh onwards. Tesla will most probably handle sales directly as it does in other parts of the world.
In 2016, tesla started booking for its car in India by collecting $1000 deposit from interested buyers. However, those consumers are still waiting for their cars. In 2017, a year after the company started taking bookings, Musk had said his cars could come to India in the summer, but later blamed FDI norms for the delay. “Maybe I’m misinformed, but I was told that 30% of parts must be locally sourced and the supply doesn’t yet exist in India to support that,” he had tweeted.