Justin Sullivan/Getty Images News
The Vibrant Gujarat Summit, slated for January 2024, is poised to be the platform where the negotiation for the establishment of the first electric vehicle supply system manufacturing unit of Tesla (NASDAQ:TSLA) in India is in the final stages and is likely to conclude soon, according to multiple media reports.
As per The Economic Times, Musk is confident about India and has considered Gujarat as a location for its Tesla India plant. However, the announcement isn’t official.
The presence of Tesla CEO Elon Musk and Prime Minister Narendra Modi is anticipated to grace the event, ET reported.
However, so far, there has been no official announcement by the EV maker or the state government on the matter.
During a recent Cabinet briefing, the Gujarat government, represented by spokesperson Rushikesh Patel, expressed optimism about Tesla’s potential investment in the state. Despite high tariffs on…
