Moneycontrol
HomeNewsBusinessSajjan Jindal says Tesla won't have it easy in India, 'can't achieve M&M, Tata's feat'
Trending Topics

Sajjan Jindal says Tesla won't have it easy in India, 'can't achieve M&M, Tata's feat'

Speaking at the Ernst & Young 'Entrepreneur Of The Year' awards, Jindal asserted that Tesla and its CEO Elon Musk may find the Indian market challenging.

March 06, 2025 / 16:37 IST
Story continues below Advertisement

Sajjan Jindal says Tesla won't have it easy in India, 'can't achieve M&M, Tata's feat'

JSW Group chairman Sajjan Jindal has said that Tesla's entry into India’s electric vehicle (EV) market will not be easy, as the company is set to face stiff competition from domestic players like Tata Motors and Mahindra & Mahindra.

Speaking at the Ernst & Young 'Entrepreneur Of The Year' awards, Jindal asserted that Tesla and its CEO Elon Musk may find the Indian market challenging. “Elon Musk is not here. He is in the US,” Jindal said during a panel discussion. “He can’t be successful in India! We Indians are here. He cannot produce what Mahindra can do, what Tata can do.”

Story continues below Advertisement

Acknowledging Musk’s achievements, Jindal said, “He is super smart, no question about it. He’s a maverick, doing spacecraft and all that. He’s done amazing work, so I don’t want to take anything away from him. But to be successful in India is not an easy job.”

The remarks come as Tesla takes steps to enter India, with the government considering tariff cuts on imported EVs. Washington has been pushing for lower duties, but New Delhi remains cautious about an immediate reduction to zero, sources told Reuters.