Tesla Enters Indian Market With R&D Unit in Bengaluru
United States-based electric car maker Tesla has made its entry in the Indian market with an R&D unit in Bengaluru, Karnataka Chief Minister BS Yediyurappa confirmed on Twitter. Welcoming Tesla CEO Elon Musk, Yediyurappa tweeted: “Karnataka will lead India’s journey towards Green Mobility. Electric Vehicle Manufacturer Tesla will soon start its operations in India with an R&D unit in Bengaluru. I welcome Elon Musk to India and Karnataka and wish him all the very best.”
Musk and his company is in touch with five state governments in India to set up operations. Maharashtra, Andhra Pradesh, Gujarat and Tamil Nadu are among the other states that the company is in talks with.
On January 8, Tesla Motors India and Energy Private Limited was incorporated. The company has a registered office in Bengaluru, which acts as a hub for several global technology companies.
Tesla senior executive David Feinstein has mentioned on his LinkedIn profile that he is one of the three directors of the company’s Indian unit.
Last month, Musk had confirmed that Tesla will make an entry into the Indian market in 2021. “Next year for sure,” he had said in a reply to a tweet that featured a T-shirt with the message: “India wants Tesla”.
Road transport and highways minister Nitin Gadkari had also confirmed the development.
“The company is expected to start its operations, first with sales for its vehicles in India from next year, and considering the demand, it would also look into setting up a manufacturing facility here,” Gadkari told The Times of India.
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