Tesla to open car manufacturing unit in India

American electric car giant Tesla’s first manufacturing unit in India will be set up in Karnataka, Chief Minister BS Yediyurappa said in a statement. He made the announcement in a statement that appreciated the benefits Karnataka got from the Union Budget.

“American firm Tesla will open its electric car manufacturing unit in Karnataka,” Mr Yediyurappa said in a statement in Kannada.

He also said an industrial corridor will be set up in Tumkur district, neighbouring Bengaluru, at a cost of ₹ 7,725 crore.

The American electric car maker owned by Elon Musk entered India in January by registering as a company in Bengaluru. Tesla has set up a research and development unit in the city.

The regulatory filing of Tesla Motors India and Energy Pvt Ltd, incorporated on January 8 with its registered office in Bengaluru, shows the Indian unit has three directors including David Feinstein, who is currently a senior executive at Tesla, according to his LinkedIn profile.