US-India Strategic Partnership Forum President Discusses Tesla Production in India

US-India Strategic Partnership Forum President Discusses Tesla Production in India

Asif Iqbal | January 14, 2024 | 09:23 PM IST | Politics, World | Follow on Google News

US-India Strategic Partnership Forum President Discusses Tesla Production in India.image/ANI

US-India Strategic Partnership Forum President Discusses Tesla Production in India

Mukesh Aghi, President of the US-India Strategic Partnership Forum, stated that Tesla’s production in India would be a “win-win” situation, leveraging India’s population and creating an ecosystem for chip manufacturing. Aghi emphasized that Tesla could use India’s engineering capabilities to build cars and export them globally.

He highlighted the importance of Tesla’s production in India, considering the significant role of chip manufacturing in the country. Aghi mentioned that several US companies are shifting their production to India due to increased challenges in China.

He cited Apple as an example, with 25% of the iPhone 16 production expected to take place in India next year. Prime Minister Narendra Modi had invited Tesla CEO Elon Musk to explore investment opportunities in India during their meeting in June 2023.

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