"Maharashtra and Tamil Nadu Compete for Tesla's Manufacturing Unit"

Despite reports suggesting that Tesla’s investment plans in India might be delayed, sources indicate that Maharashtra, Tamil Nadu, and Gujarat are leading the race to host the company's manufacturing unit. The final decision is expected to be influenced by Tesla’s product portfolio and its strategy for the Indian market.

Industry sources suggest that if Tesla plans to launch a low-cost model aimed at the Indian domestic market, Maharashtra could be the preferred location for its manufacturing unit. This is due to the state's favorable conditions and strategic positioning.

Additionally, Tesla is in discussions with local partners to support its operations in India. The choice of location will likely align with the company's broader goals for market entry and production efficiency.

The decision will also consider various factors such as infrastructure, incentives offered by state governments, and the potential for scaling up production to meet both domestic and export demands.

BS