Federal Road Transport and Highways Minister Nitin Gadkari on Monday said that Tesla, a US-based electric vehicle maker, would be more profitable if it manufactured vehicles in India.
Ava added:
The day is not far off when the price of all electric vehicles in India will be lower than that of petrol vehicles. Therefore, as Tesla engages in the production of electric vehicles in India, it will be of great benefit to that company.
To reduce imports of petroleum fuels, more companies need to be involved in the production and production of alternative fuels, including LNG, CNG and bio-ethanol. Such companies should be put in debt to the priority sector. “We are going to talk to the finance minister and the governor of the Reserve Bank about this,” he said.
If Elon Musk, the head of Tesla, is ready to make electric cars in India, he can come here generously. None of that is a problem. But his company should not be importing cars from China. India has a very wide market. It is noteworthy that Nitin Gadkari has recently said that Telsa can be manufactured and exported from here.