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Telangana Holding Talks With Tesla: Sridhar Babu

With the EV giant scouting locations in India this month for a plant, the Congress government has intensified its pursuit to get the company here.
Hyderabad | 4th April 2024
With electric vehicle giant Tesla gearing up to send a team to scout locations in India this month for a potential $2 billion to $3 billion electric car plant, the Congress government has intensified its pursuit to get the company to set up the plant in Telangana.

In a tweet on X (formerly know as Twitter) on Thursday, Minister for IT and Industries D Sridhar Babu said that the Telangana government had been keenly following Tesla's planned investment initiatives in India since December 2023.

"We have been making all out efforts to bring Tesla to our State. Telangana with its industry-friendly policy is working with a progressive and futuristic vision by creating world-class infrastructure and a hassle-free approvals system to enable best-in-class companies like Tesla to do business in Telangana," he tweeted.

The minister also said that the Telangana industries department and other entities of the government were continuing deliberations with the global automotive and clean energy giant to establish its plant in the State.
filed in:  Telangana, Industry & Business, Sridhar Babu, Investments
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