Karnataka Chief minister BS Yediyurappa in an explanation said that an electric car manufacturing unit will be set up by Tesla Inc in Karnataka.
Under the Union Budget 2021, Yediyurappa said in a proclamation in Kannada that electric car manufacturing unit in Karnataka will be begun by American firm Tesla.
Registered Office of Tesla in Karnataka
A subsidiary named Tesla India Motors and Energy Pvt. Ltd has been set up in Bengaluru by very rich person Elon Musk in January. A Registrar of Companies (RoC) documenting indicated that Tesla has enrolled office at Lavelle Road with a settled up capital of 1 lakh and an approved capital of 15 lakh.
Including David Feinstein, who is at present a senior executive at Tesla, there are other two directors mentioned in the filing in Indian unit.
The Founder, CEO of Cupertino-based Tesla, Elon Musk said that the US electric carmaker will make an attack into India in 2021.
Musk said on Twitter in answer to a post with a photo of a T-shirt with the message: “India needs Tesla” in October 2020. “Thanks for waiting” Musk said.
In order to reduce the dependence of nation on oil as well as to curb pollution, Prime Minister Narendra Modi is promoting the production and use of electric vehicles. According to reports, Tesla would open a research and development (R&D) centre in Bengaluru.
TESLA CARS IN KARNATAKA: Bengaluru Has All Potential That Tesla Needs
Gaurav Gupta, head secretary, business and ventures of Karnataka told about the collaborations they have been having throughout the previous few months with the EV producer and has additionally communicated joy as the Automaker has chosen to fuse their organization in Karnataka.
He said that they have persuaded Tesla that Bengaluru has the correct ability pool for any sort of innovation cooperation and it is the innovation capital as well as the aviation and space capital.
In India, Tesla will start its activities early this year with deals and later endeavor into get together and manufacturing of electric cars, said Union road transport and highways, Nitin Gadkari.