How Important Is A Patent In The Automotive Sector In Maharashtra And Gujarat?
Tesla has been exploring Maharashtra and Gujarat for EV plants! Elon Musk-led Tesla started the process of establishing the electric vehicle manufacturing facility. Maharashtra and Gujarat have been emerging as the primary choice for the company when starting the EV plant. Tesla reportedly reached out to executives of Tata Motors to make the collaboration. A recent meeting of Elon Musk with Prime Minister Narendra Modi in the US also involved much industrial growth. The report adds that Tesla is seeking policy incentives to create lower import duties for EV vehicles. These also facilitate its entry into the Indian market. Ev Business In Mumbai: Maharashtra holds strategic significance for EV production due to its existing technology. Government officials have proposed various sites for starting new EV plants. These are also prominent options for automotive hubs housing across the major manufacturers worldwide. The automotive industry in Mumbai becomes the hotbed of innovation. Thes...