December 16, 2024 11:38 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested | Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time | Suchir Balaji: Indian-origin former OpenAI researcher found dead at US apartment
Tesla
Image Credit: wikipedia.org

Tesla in advanced talks with five states to set up operations in India : Report

| @indiablooms | Jan 13, 2021, at 02:18 am

New Delhi/IBNS: US clean energy and electric vehicle company Tesla is in advanced talks with five states to start its operations in India, said media reports.

The American carmaker is in talks with the Centre and the states to finalise location for headquarters, manufacturing as well as R&D centres in India.

The five states where Tesla may set up operations or its offices are Maharashtra, Gujarat, Andhra Pradesh, Karnataka, and Tamil Nadu which enjoy the presence of several auto manufacturers as well as component suppliers, original equipment manufacturers (OEM).

Tesla is also looking to ink partnerships with local manufacturers for sourcing components and the Karnataka government has already offered Tumkur, near Bengaluru to set up the plant, claimed media reports.

In early 2020, Tesla CEO Elon Musk had suggested that the company will enter India in 2021 while responding to a tweet by a handle from India called Tesla Club. “Next year for sure,” Musk had replied.

In December last, Union Minister for Road Transport and Highways and the Minister of Micro, Small and Medium Enterprises Nitin Gadkari had confirmed that US clean energy and  electric vehicle company Tesla will “start operations” in India in early 2021.

According to previous reports,Tesla will introduce its more affordable Tesla Model 3 and  the bookings for the car will start in a few weeks, the Indian Express reporto It said. However, the Economic Times reported that the sales of the Tesla cars will start only in the second half of the year.

The fully completed units will be imported to India and sold at a price of Rs 55 lakhs.

Tesla had planned its India entry in 2016 but backed out citing change in import policies and poor infrastructure for electric vehicles.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.