Tesla has started talks with the Government of India regarding an investment proposal to set up a car manufacturing factory in India.
Elon Musk's company is also engaged in discussions with the government to consider the possible setting up of its auto parts and electronics chain.
Tesla is also looking for opportunities to get incentives and tax benefits from the Indian government along with setting up an EV manufacturing factory in the country.
The talk of Tesla starting business soon in India has gained more strength after Prime Minister Narendra Modi's visit to America.s.
The proposed factory will have the capacity to produce 5 lakh electric cars annually with prices starting from Rs 20 lakh.