US electric car giant Tesla registered as a company in Karnataka's Bengaluru and has set up an R&D unit.
The most awaited US electric car giant Tesla finally made its entry in India and registered as a company in Karnataka's Bengaluru. Tesla has also set up an R&D unit in Bengaluru. The regulatory filing shows the Indian unit has three directors.
Chief Minister BS Yediyurappa to welcome CEO Elon Musk to the country and his state Karnataka. The company is also in touch with states such as Maharashtra, Gujarat, Andhra Pradesh and Tamil Nadu.
Mr Nitin Gadkari, the Transport Minister, had in December 2020 said the Tesla Model 3 will be launched first in India. Model 3, the cheapest among Tesla vehicles, with prices starting at roughly ? 55 lakhs, will be the first model to be launched and the bookings will apparently start in January.
Tesla had planned its India entry in 2016 but the company never went ahead with its operations post the announcement apparently due to the changing import policies and dismal infrastructure for electric vehicles such as no place to charge electric vehicles and poor maintenance centres.
The past couple of years have seen many people privately importing Tesla vehicles to India. This may be the reason why Tesla decided to set up the centre.