MUMBAI: Maharashtra Minister Uday Samant on Tuesday said US-based electric vehicle (EV) manufacturer Tesla’s entry into the Indian market with a showroom in Mumbai proves that the state is a preferred destination for industries.
Speaking in the legislative assembly, Samant said the Mahayuti government’s cabinet sub-committee on industry meets every three months and letters of intent for projects worth Rs 8 lakh crore were given.
He said the implementation rate of the memoranda of understanding (MoUs) signed at the World Economic Forum in Davos was 80 to 82 per cent.
Tesla showroom in Mumbai proves Maharashtra is preferred destination for industries: Samant
