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TDP Government Focus on Tesla Company

TDP Government Focus on Tesla Company

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The Andhra Pradesh government, led by Chandrababu Naidu, is getting ready to attract investors to the state. Industry department officials have prepared data related to this initiative. As part of that also, they are sending letters to several companies. AP Government set its target on Tesla. It is reported that Chief Minister Chandrababu Naidu has involved Minister Nara Lokesh to discuss this matter.

Chief Minister Chandrababu Naidu wants to bring Andhra Pradesh onto the international map as Hyderabad is. He believes that though Kia brought some recognition to Andhra Pradesh, another such firm would get it onto the world map. It hopes that such a major industry spurs the development and turns the state into an export hub. In hope, they are sending their letters to all the electronic vehicle manufacturers explaining to them about the ‘favourable’ condition in the state.

It has gathered information regarding firms that are showing interest in fresh investments. As per internal information, it has prepared information of about 75 companies. The AP government has reportedly started discussions with the managements of those companies. And significant investments are likely to take place from US, Europe, and the Arab world.

On the electric vehicle production sector front, Tesla is again one of them. Elon Musk, CEO, has revealed plans of his company soon entering India. He said he would visit India by the end of this year and meet PM Narendra Modi. Several states have since jumped into the fray. They are Karnataka, Tamil Nadu, Maharashtra, Telangana, and Andhra Pradesh. CM Chandrababu Naidu had met Tesla CEO Elon Musk during his Davos visit in 2017. Efforts are on to bring the company to the state by leveraging old connections. It is learnt that Minister Nara Lokesh has been roped into the effort. Provided everything falls in place, Lokesh is likely to travel to the US within a short period to meet Elon Musk. The goal is to bring Tesla to AP before Musk’s visit to India later this year.

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