US automobile giant Tesla has finally made its entry in India. The Elon Musk-led company
has registered in Karnataka’s Bengaluru, which is known to be a hub for global technology
companies, and is also commonly referred to as the “Silicon Valley of India”. Chief Minister
BS Yediyurappa confirmed the setting up of its R&D unit in Bengaluru on Twitter.
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.”
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 @elonmusk to India & Karnataka and wish him all the very
— B.S. Yediyurappa (@BSYBJP) January 12, 2021
Tesla is reportedly also exploring options with five state governments to set up operations in
the country. Tesla Motors India and Energy Private Limited was incorporated on January 8
with its registered office in Bengaluru, The regulatory filing shows the Indian unit has three
directors including David Feinstein, who is currently a senior executive at Tesla, according to
his LinkedIn profile.
In a reply to a tweet last month, Musk had indicated Tesla’s entry in the Indian market in
2021. Union Minister Nitin Gadkari had also announced Tesla’s arrival in India. In
December, he said the Tesla Model 3, which is the cheapest among the vehicles of the
company (prices starting at roughly Rs 55 lakh) will be launched first in India.
The news of Tesla’s arrival comes at a time when Prime Minister Narendra Modi is
promoting the manufacture of electric cars in India. Over the years, the country has seen an
influx of imported Tesla cars.