Mahindra Group isn't worried about global players like Tesla entering India's highly competitive electric vehicle market, its CEO and managing director Anish Shah told CNBC.
So Tesla or anyone else coming in does not faze us," Shah said on "Street Signs Asia" Tuesday.
"At one point, Mahindra was written off when all the global majors were coming into India.
Tesla is reportedly discussing plans to enter the EV space in India, which is the world's third-largest auto market, according to Reuters.
CEO Elon Musk met Prime Minister Narendra Modi in June and said he has plans to "make significant investments in India."
Persons:
Tesla, Anish Shah, We've, Shah, Elon Musk, Narendra Modi
Organizations:
Mahindra, isn't, CNBC, Reuters
Locations:
India