Amidst a time when the Electric Vehicle (EV) market is finally taking shape, carmakers want to make maximize the benefits of the booming Indian vehicle industry. Currently, Elon Musk’s Tesla is known for its supremacy worldwide for its reach in the EV market space. However, the car company is yet to enter Indian markets officially and the company’s promoters are still working on their policies for starting sales in India.

Recently the owner of Triton a direct Tesla rival visited India along with his team to formulate a plan for setting up a manufacturing plant not just for electric cars but also for electric trucks. Triton owner Himanshu Patel who has his roots in Gujarat met Gujarat Chief Minister Bhupendra Patel and had a detailed decision to discuss a way forward.

As per reports, the plan is to set up a 3 million square feet manufacturing plant in an area of more than 600 acres. It is speculated that the company will be investing close to Rs 2000 crores in the plant which will help in generating approximately 25,000 new jobs.

Earlier in 2021, the company had also entered into an agreement with the Telangana government for setting up a similar plant but the move could not be carried out as per the plan. On a similar note, talks between Tesla and the Indian government could not reach a conclusion as the government wanted to promote local manufacturing while Tesla was not in its favour as yet. Triton however was smart enough not to lose on the opportunity at hand and an agreement between the Gujarat government and the company is scheduled to take place on 4th April.

Himanshu Patel also plans on setting up a network of electric vehicles where his team will soon begin talks with battery, auto parts and charging station manufacturers giving a further boost to India’s electric automobile ecosystem indirectly.

For now, Tata Motors leads sales in the EV sector of India which are relatively priced towards a higher end. But with improved drive range, charging stations, skyrocketing oil prices and increased competition from companies such as Triton, the demand for EVs is bound to increase sooner than later which is also being supported by the government’s EV policies in order to reach its goal of achieving 100% electrification.