Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Indian Prime Minister Narendra Modi and Tesla CEO Elon Musk earlier this month.
"One thing is for sure, Tesla is coming to India based on the recent news, and the government is also very serious about it," Puneet Gupta, Director for the Indian automotive market at S&P Global Mobility, told CNBC.
India introduced an EV policy last year that proposes to lower the import duties on EVs to 15% from about 70%, with the government set to start accepting applications under this policy before March-end, according to domestic news agency IANS.