Tesla likely to set up first Indian factory in Gujarat
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Tesla is expected to reveal its plans for an Indian plant at the Vibrant Gujarat Summit in January, with CEO Elon Musk in attendance, as reported by the Ahmedabad Mirror. Gujarat is seen as an ideal location for Tesla's export-focused strategy, catering to both domestic and international markets. Gujarat government spokesperson Rushikesh Patel expressed hope that Elon Musk would choose Gujarat for investment, highlighting the government's supportive attitude, reported ANI.