Though Musk says his company Tesla will be in India next year, it is imperative to note that there's still no timeline for vehicles roll-out or even their India prices.
Musk had previously said he will probably visit India in 2019, but he has still given no word on how the initial, 'partial presence' will be established in the country.
Tesla's goal for mass-market products
However, Musk did reiterate Tesla's strategy, noting that the company hopes to have local production for local markets - at least at the continent level.
This, as he said, would keep the prices of its mass-market products as affordable as possible.
The company is already setting up a Gigafactory in Asia, which would be located in Shanghai and doubling up its global manufacturing capacity.
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Tesla recently secured plot for Chinese Gigafactory
Tesla recently secured 1,200 acres of land in Shanghai to set up its Gigafactory. It would be the first overseas plant from the car-maker and is expected to produce as many as 500,000 electric vehicles annually.