If India is at the forefront of an industrial revolution, Gujarat is showing the way, especially in the rapidly evolving Electric Vehicle (EV) sector.
Tesla’s decision to consider Gujarat as a major manufacturing facility is proof that Gujarat, with a strong industrial base and a storied record of attracting investments, continues to be a hub for cutting-edge technologies.
According to reports, Tamil Nadu, Maharashtra, and Telangana are also in contention for Tesla’s investment.
Gujarat enjoys the benefit of a favourable geographical location — easy access to ports has furthered the state’s drawing powers.
As Invest India writes eloquently about Gujarat: “With over 200 industrial estates and 33,000 hectares of industrial land, the state has several sector-specific industrial parks, like PM-MITRA Park, Ceramics Park, Bulk Drug Park, etc. Gujarat is home to India’s first operational Smart City, GIFT City, with India’s only International Financial Services Centre.
“The state has one major port and 48 non-major ports, making it an important destination for cargo handling. Gujarat boasts a robust network of 19 operational airports, including 4 international ones, along with 5,220+ km of railway routes and over 220,000 km of well-surfaced roads, including national, state, and district highways. The DMIC corridor provides further impetus to industrial growth in Gujarat, as 38% of it lies in the state.”
Tesla, reports claim, is likely to import cars from its German factory and will skip shipping them from China in view of India’s diplomatic issues with China.
As part of the initial plan, the company will set up a 5 lakh capacity plant and invest between $2 billion and $3 billion. Later, it plans to make an all-new budget car for India in the range of Rs 20-25 lakh. The German factory in Berlin, which makes Tesla Model Y, will now be used to construct right-hand drive automobiles for India.
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