Tesla Reliance electric car joint venture ₹16000 crore investment

Elon musk to meet PM Modi and Reliance Mukesh Ambani. Before election, American top brand company of car going to set up their plant in India and recently chief executive officer of Tesla company Elon musk has given some information related on Tesla visit to India.

Elon musk latest visit will be to Indian Prime Minister Narendra Modi and where he will talk about his investment in India plus where he will open his Tesla manufacturing plant. He will also talk about that thing.

On current time, Tesla is searching its new partner which are local in India and some roommates. Also saying that Tesla is targeting Reliance industry company who is one of the biggest telecom company in the world.

Media says the talk between Mukesh Ambani and Elon musk going to held in phase 1 and this phase 1 will be a new project for Reliance company to enter in automobile sector so Reliance India company going to enter in automobile sector in car and especially in electric vehicle market, so both company will be Set up as a joint venture.

There are three or four location where Tesla going to make their plant, Gujarat Maharashtra, Tamil Nadu and Telangana and Vipul also saying that Maharashtra will be the first preference of Tesla company, and there will be an investment of minimum $2 billion by Tesla company for making EV factory.

In 2023, Reliance has taken partnership with Ashok Leyland for making truck of hydrogen engine and Reliance India Limited company has make any good investment in swappable battery and removable battery.