Tesla’s Gigafactory Expansion in India Aims for 30% Market Share

Tesla has announced a major expansion of its Gigafactory in India, with plans to capture 30% of the country’s electric vehicle (EV) market by 2030. The factory, set to be operational by late 2026, will focus on manufacturing affordable EV models for the domestic and Southeast Asian markets. Tesla’s move aligns with India’s push for green energy solutions and its growing demand for electric mobility solutions.