India might get a Tesla Gigafactory in the future

India might get a Tesla Gigafactory in the future

On that occasion, Elon Musk commented about opening more factories all over the world in near future.

Recently, the minister of road and transport Nitin Gadkari visited the Tesla manufacturing facility in the US. In a radio speech, company’s CEO Elon Musk stated that it would continue to explore global regions to harness growth opportunities in the future and will seek coming up with manufacturing units in several other countries outside of the U.S.

The move has been a long time coming. Prime Minister Narendra Modi had also visited the Tesla factory while on his trip to Silicon Valley previous year. India being one of the destinations for that.

“The Gigafactory is vital for the future of Tesla in order to produce this affordable mass-market electric auto which has been our goal from the beginning”, he added.

Just a handful of the Tesla Model S are now sold in India. As a result, the automaker might invest in more such facilities in Europe, China, and India, depending on how the markets respond to Tesla cars. The cost for building the premises is nearly $5 billion.

Earlier this week, we reported that Tesla has opened its first Gigafactory in the Nevada desert. Tesla’s goal is to produce battery power worth 35GWh by 2018.

On a lonely mountain plain half an hour east of Reno, off a street named Electric Avenue, Tesla Motors Co.is building a massive battery plant called Gigafactory 1.

So far, the factory is only partly complete, but the electric auto maker is racing to speed up its schedule and get as much as possible built by the time the company’s new Model 3 starts exiting the assembly line late next year.

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