Tesla company owner Elon Musk has promised to visit India this month and has said that he will talk to India regarding the manufacturing of electric vehicles.
Tesla company is famous all over the world for making electric vehicles. This company is registered in America. By the way, they have also opened a manufacturing plant in China. But now gradually their inclination is increasing from China towards India.
You must have heard last year also that Apple Company has shifted many of its manufacturing plants from China to India and Vietnam. There are many American companies which are shifting all their manufacturing plants from China to some country or the other.
And the biggest reason for this is that China's economy has been continuously declining after the Corona pandemic. Due to which the sales of many companies there reduced.
If this deal between India and Tesla company is done easily, then there will be many job opportunities in India and billions of dollars of investment will come in India.
If Tesla company wants to open a manufacturing plant in India, then what problem does China have with it?
Now let us tell you that if Elon Musk is coming to India then why is China facing problems? There are many reasons for this but let me tell you some important reasons.
Ever since Elon Musk wrote on his Twitter "Looking forward to meeting with Prime Minister Narendra Modi in India!" So there has been quite a shocking reaction from China. There is a government media of China named Global Time, it has done such a shameful act on Twitter that you cannot even imagine.
Global Times writes that "Tesla should worry about its decision to build a factory in India" in which he has mentioned three specific problems.
- Lack of supply chain and infrastructure
- Lack of skilled engineers and workers
- Negative business environment
These three problems have been pointed out by China. In reality, there is no such problem in India.
Why does China not want Tesla to go to India?
The truth is that China's top three car manufacturers wanted to invest billions of dollars in India and were rejected for one reason or the other. These are those three companies
- BYD Motors
- Great Wall Motors
- SAIC Motors
Second reason, Why China does not want Tesla to go to India.
BYD, which is one of the three Chinese companies, had big dreams that they would invest billions of dollars in India on a very large scale, and open manufacturing plants and then capture 90% of India's electric vehicle market.
But for some reason the Indian government rejected it due to which all the dreams of China were shattered. Now that Tesla is going to come to India, China has started getting jealous of it. This is the reason why China is openly opposing that Tesla company should not go to India.
Why does Elon Musk want to bring his company Tesla to India?
Now let me tell you why Elon Musk wants to bring his company Tesla to India. Its real reason is BYD, which is a Chinese company and is now giving tough competition to Tesla in China. Due to which Tesla is in need of a new market. And the economy in China is gradually declining due to which Tesla needs a new market. And the best example of this is the Indian economy which is the fastest growing economy in the world.
And another big reason is that there is no strong electric vehicle company in India yet. Although Tata, Suzuki, Mahindra are also making electric vehicles but have not been able to dominate yet. Tesla company wants to take advantage of this.
Elon Musk also says that he will bring his car in India at an affordable price so that the people of India can easily buy Tesla car. The target market of Tesla company will be the upper level people of India, because they keep buying cars more expensive than Rs 30 to 40 lakh.
Refutation of China's allegations against India
China's first allegation is that India does not have a supply chain: so let me tell you that India has 599 highways. There are 6 international highways. There are also 13 major international ports and 205 minor ports. If the total roads of India are added, then there are 66.71 lakh km of roads in India, which is the second largest road chain in the world.
China's second objection is that India does not have skilled workers: So let me tell China that India is full of millions of experienced software engineers and 1.5 million engineering students graduating annually. Who is also the CEO of companies in many countries. And has also kept the economy of many countries stable.
China's third objection is that the business environment in India is negative: So I want to ask China why all the companies are moving out of China. Let us tell you the real reason for this, actually the economy in China is declining due to which all the companies are afraid that their money might be lost, hence the companies are migrating from China.
And they are looking at a market that is growing and India is an example of that. India's economy to grow by 9.1% in 2021 and 7.2% in 2022. It is the fastest growing economy in the world. Therefore, no country can develop without a favorable business environment.
And this way we can know which country has a negative business environment.
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