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Elon Musk Says Tesla To Launch In India In 2021

Elon Musk, the cofounder and CEO of automaker Tesla, on Friday, tweeted that the company would be entering the Indian market “next year for sure”.

Musk was replying to a tweet with pictures of a t-shirt with messages ‘India wants Tesla’ and ‘India loves Tesla’.

In response to another tweet in which a Twitter account stated that they were waiting for this piece of news for ages, Musk added, “Thanks for waiting!”

However, this isn’t the first time that the Tesla chief has hinted at an entry into the Indian market.

Recently Tesla had initiated talks to set up a research and innovation centre in Bengaluru. Earlier in May 2019, Chennai-based automobile manufacturer Ashok Leyland invited Tesla for a partnership to help Elon Musk bring the Tesla brand of electric vehicles to India.

Tesla’s India plans come when the government is pushing the Indian automotive companies to expedite electric vehicle manufacturing in the country. According to the country’s FDI policy, it is mandated that any company aiming to set up a retail location, must sell at least 30% of locally sourced goods.

Last year, while interacting with students of IIT Madras, Musk had said that Tesla might run on Indian roads by 2020. Meanwhile, Indian Prime Minister Narendra Modi has shown interest in Tesla, and Transport Minister Nitin Gadkari has offered the company land near the port to import their technology.