Apple has offered the Western world ample proof that India is fertile ground for manufacturing. By starting production of iPhones in India, it has set an example for other Western manufacturing giants who may earlier have deep doubts about India's capacity to host companies willing to divert manufacturing from their China factories. One of these companies could be electric car maker Tesla which has earlier tried to enter India.
Will Tesla follow the 'Apple' cart? It is highly likely, considering the recent developments.
Of late, India seems to be on the mind of Tesla CEO Elon Musk. Recently, Musk hinted that he likes Indian food, especially butter chicken with naan. Last month, Musk finally decided to follow Prime Minister Narendra Modi on Twitter, according to reports. A screenshot of Musk's 'following' list on Twitter did the rounds on social media. This became a talking point on Twitter, many interpreting it as a sign of Musk warming up to India after it could not get a deal from the Indian government to sell Tesla cars last year. A few weeks ago, he responded to India becoming the world's most populous country by remarking on Twitter: "Demographics is destiny."
Why Musk's sudden interest in India on Twitter seems significant is the renewed effort by Tesla to negotiate with the Indian government. A group of senior Tesla executives plan to visit India this week to meet with government officials in a newfound bid to deepen the carmaker’s supply chain in the country, news agency Bloomberg reported. Last year, Musk had commented that he was working through a lot of challenges with the Indian government
Read more at: https://economictimes.indiatimes.com/industry/renewables/will-elon-musks-tesla-inc-now-follow-the-apple-cart-to-india/articleshow/100298459.cms
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