Tesla is all set to enter India next year with its manufacturing facility in Gujarat. According to media reports, negotiations to set up the electric vehicle maker's first manufacturing unit in India have reached their final phase and are expected to be completed soon. The announcement related to the Tesla manufacturing unit in the state is expected to be made at the upcoming Vibrant Gujarat Summit scheduled to be held in January 2024, Ahmedabad Mirror reported.

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Gujarat has been a strategic location for business environment for years. The state already houses manufacturing units of automakers like Maruti Suzuki etc. The possible location of Tesla manufacturing facility could be Sanand, Becharaji and Dholera, according to the Ahmedabad Mirror report.

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So far, there has been no official announcement from the electric vehicle manufacturer or the state government on this issue. Recently, Health Minister and Gujarat government spokesperson Rushikesh Patel expressed optimism about Elon Musk's investment in Gujarat.

At a cabinet briefing on Thursday, Gujarat minister Rushikesh Patel drew a parallel between Gujarat's awareness and alignment with Tesla's larger goals.

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He also highlighted that the government is actively in discussions with the electric vehicle maker to finalize the deal to set up the manufacturing facility in Gujarat.

According to media reports, Gujarat has emerged as a top destination for Tesla to set up its manufacturing facility not only due to the state government's policies but also due to its proximity to ports that enable export of its products. The electric vehicle maker can increase its exports from India from locations like Sanand as they are not far from Kandla-Mundra port in Gujarat.

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The dynamic Gujarat Global Summit was launched in 2003. The tenth edition of Vibrant Gujarat Summit will celebrate “20 years of Vibrant Gujarat as the pinnacle of success”. The Summit serves as a global forum for business networking, knowledge sharing and strategic partnerships for inclusive growth and sustainable development.