NEW DELHI: As Elon Musk takes steps to finally get Tesla cars to India, Sajjan Jindal – chairman of diversified conglomerate JSW group, which also makes electric cars – said on Wednesday that the going would be challenging for the maverick businessman in the country.
During a panel discussion at the Ernst & Young ‘Entrepreneur Of The Year’ awards, Jindal said it will be difficult for Musk and Tesla to beat local heavyweights Tata Motors and Mahindra & Mahindra in the market. Jindal said that his own auto venture will “surely” be successful.
“Musk can’t be successful in this country. Because we are here. Musk can’t do what Mahindra and Tatas are doing,” he said, adding that the Tesla founder is “under Trump’s shadow” in the US.
“To be successful in India is not an easy job,” he said.
Jindal’s JSW has a JV with Chinese SAIC to produce and sell cars in India under the MG Motor brand. The businessman also wants to invest in building an all-new fully-owned EV brand.
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