India has been keen to reduce its oil dependence and cut down on pollution, but its efforts to promote electric vehicles have been stymied by a lack of investment in manufacturing and infrastructure such as charging stations.
The first model to be launched will be Model 3, the cheapest among Tesla vehicles, with prices starting at over $74,739 (5.5 million Indian rupees), according to a report in the Economic Times on Saturday.
Chief Executive Officer Elon Musk on Sunday confirmed India foray in 2021 in a reply on Twitter https://bit.ly/3hnpwMY, but said it would not happen in January.
In October, the government of Maharashtra had invited Tesla to the state, weeks after Musk suggested entering the country next year.
Shares of the electric-car maker were up 2% in premarket trading.
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