Elon Musk, a billionaire is going to set up manufacturingunit of electronic car in Karnataka, India. According to a report published in Reuters, Tesla Inc willbe available in India. The state government in a brief statement said, “TheU.S. firm Tesla will be opening an electric car manufacturing unit inKarnataka."
Musk has also incorporated Tesla Motors India and EnergyPrivate Limited with its office in Bengaluru, Karnataka last month. The ChiefMinister of Karnataka, BS Yediyurappa in a tweet had said that Tesla is goingto start its operations in India with R&D unit in Bengaluru. Later on thetweet was deleted by him.
Musk had earlier talked about launching Tesla in India. Inan exchange on Twitter, he said Tesla would be launched in Indian in 2021.
India is facing lack of investment in electric vehiclessegment while the country wants to reduce its dependence on fossil fuels forits energy requirements.