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Elon Musk, the CEO of Tesla, was supposed to visit India on April 21st and 22nd, but he had to postpone due to other Tesla commitments. Musk said, “I have to delay my visit to India because of urgent Tesla matters, but I look forward to visiting later this year.”
In March, India lowered import taxes on electric vehicles (EVs) for global carmakers that invest $500 million and start local production within three years. This move has encouraged Tesla to consider investing in India. In 2021, Musk mentioned that India’s high import duties were the reason Tesla hadn’t launched its cars in the country yet.
Some states are already preparing to attract Tesla. However, Jagan Mohan Reddy has not been very active in this effort.
Chandrababu Naidu will take the oath on the 12th of this month, with Nara Lokesh joining his cabinet. Lokesh has a strong record from 2014 to 2024 in attracting investments to the state. His first major task will be to impress Elon Musk with a great presentation, attractive incentives, and suitable facilities. Lokesh plans to pitch Andhra Pradesh to Tesla even before Musk’s visit. Securing Tesla would put the state on the global map and could be a bigger achievement than bringing Kia Motors to Andhra Pradesh. It would also create millions of jobs for young people in the region.
The EV market in India is still growing, but it is expected to expand quickly once Tesla arrives. Lokesh’s efforts could help accelerate this growth and make Andhra Pradesh a key player in the EV industry.
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