January 18, 2022
1 min read

Bengaluru invites Tesla

The state government has claimed that the state is already a hub to electric vehicles and an ideal place to establish its plant here….reports Asian Lite News

 Karnataka has invited business magnate, CEO of Tesla to set up its plant in Bengaluru considered as the Silicon Valley of India.

Murugesh Nirani, Minister for Large and Medium Industries, took to twitter to invite electric major Tesla to start operations from the state.

“With over 400 Research and Development centers, 45 plus Electrical Vehicle (EV) startups and an EV cluster near Bengaluru, Karnataka has emerged as the EV hub of India. Mr Elon Musk, Karnataka would be an ideal destination to set up a Tesla plant. Bengaluru is already Tesla’s maiden address in India,” Nirani stated.

The state government has claimed that the state is already a hub to electric vehicles and an ideal place to establish its plant here. The state governments of Telangana, West Bengal, Maharashtra, Punjab and Tamil Nadu have already invited Tesla to open its base in their respective states.

Elon Musk has recently tweeted that he faced challenges from the government for releasing its products in India. “Tesla isn’t in India yet due to “Challenges with the government”, he wrote.

Tesla has registered its office in Bengaluru as Tesla India Motors and Energy Private Limited and named three directors. The firm is registered with an authorised capital of Rs 15 lakh and paid-up capital of Rs 1 lakh.

Welcoming the announcement, then Chief Minister of the state B.S. Yediyurappa tweeted: “Karnataka will lead India’s journey towards green mobility. Electric vehicle manufacturer Tesla will soon start its operation in India with an R and D unit in Bengaluru. I welcome Elon Musk to India and Karnataka.” However, he later deleted the tweet.

ALSO READ: Tesla to try dogecoin

Previous Story

Maltese Roberta Metsola to head European Parliament

Next Story

Texas hostage-taker entered US despite criminal record

Previous Story

Maltese Roberta Metsola to head European Parliament

Next Story

Texas hostage-taker entered US despite criminal record

Latest from Business

Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News

Ambani’s Jio launches $3.2bn share sale in India

Jio Platforms, the digital and telecommunications business controlled by Mukesh Ambani’s Reliance Industries, has launched a $3.2 billion initial public offering, expected to become India’s largest share sale. The offering comes amid
Go toTop

Don't Miss

NRIs Welcome 2023 Budget

Azad Moopen of Aster DM Healthcare hoped that government would

Seychelles President Heads to India for Talks

During his visit, Herminie will meet President Droupadi Murmu and