**Tesla’s Interest in India Limited to Showroom Plans, Says Minister**
Union Minister for Heavy Industries and Steel, H D Kumaraswamy, stated on June 24 that Tesla, the American automotive giant, has only expressed interest in establishing a showroom in India, dismissing rumors about the company’s plans to set up a manufacturing facility in the country. “Tesla is currently focused on opening a showroom. They aim to sell their cars in India, but there have been no further developments regarding manufacturing,” the Minister remarked during the launch of a new portal designed for foreign electric vehicle (EV) manufacturers to submit applications for production in India.
The portal, initiated by the Ministry of Heavy Industries (MHI), aims to attract investments from global EV manufacturers and position India as a key manufacturing hub for electric vehicles. This initiative is expected to enhance India’s global standing in EV production, generate employment opportunities, and support the “Make in India” initiative.
Under the new scheme, approved applicants will be permitted to import Completely Built Units (CBUs) of electric four-wheelers valued at a minimum of USD 35,000, benefiting from a reduced customs duty of 15% for five years from the date of application approval. To qualify, applicants must commit to a minimum investment of ₹4,150 crores, aligning with the scheme’s objectives.
The initiative is strategically designed to establish India as a global center for electric vehicle manufacturing, providing a conducive policy environment for both international and domestic players to create sustainable manufacturing operations in the country. The application portal will be open for submissions starting June 24, 2025, at 10:30 a.m., and will remain accessible until October 21, 2025, at 6:00 p.m. The Ministry has also approved a forward-looking scheme aimed at promoting the domestic production of passenger cars, particularly focusing on electric vehicles.
**FAQ**
**Q: What is Tesla’s current interest in India?**
A: Tesla is currently interested only in opening a showroom in India and has not made any announcements regarding manufacturing facilities.
