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Tesla in India? Not likely anytime soon
Sources in the Karnataka state government said that there is still no concrete proposal for setting up of a manufacturing unit by the company
Rukmini Rao | February 15, 2021 | Updated 09:38 IST
Tesla in India? Here s what s happening
While Karnataka state government s comments on the Union Budget stated, Tesla would be setting up a manufacturing plant in the state, a senior official who did not wish to be named told BusinessToday.In that the government has still not received any concrete proposal for the company. He added that there has been no further development in the allotment of land process for the company even though the government has indicated two places.
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Karnataka CM B.S Yediyurappa has confirmed that the American electric carmaker will set up its first manufacturing unit in the state
Tesla fans, rejoice! We have another update about the electric carmaker’s Indian operations. The Chief Minister of Karnataka, B.S Yediyurappa, has just confirmed, “American carmaker Tesla will open its electric car manufacturing unit in Karnataka. The update comes a month after the electric carmaker registered its first entity, its R&D centre, Tesla India Motors and Energy Private Limited, in Bengaluru.
Details are scarce at the moment, however, we know the company will be headed by Venkatarangam Sreeram (Bengaluru-based start-up entrepreneur), Vaibhav Taneja (Chief Accounting Officer), and David Feinstein (Global Senior Director of Tesla).
Tesla to open manufacturing unit in Karnataka, will start selling cars in India in 2021
Tesla Inc founder Elon Musk, the worldâs second richest man, had indicated last year that Tesla would start selling its cars in India in 2021. Tesla to set up electric car manufacturing unit in southern India (Image Source: Reuters)
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Updated: Feb 14, 2021, 06:51 AM IST
Tesla Inc will set up an electric car manufacturing unit in the southern Indian state of Karnataka, Chief Minister BS Yediyurappa said in a statement on Saturday. American firm Tesla will open its electric car manufacturing unit in Karnataka, Mr Yediyurappa said in a statement in Kannada.