Tesla’s first Indian subsidiary sets up in Bengaluru
Billionaire Elon Musk-led Tesla has registered a subsidiary company in India after its founder indicated last year that Tesla would start selling its cars in India in 2021 and Nitin Gadkari (Union Road Transport and Highways Minister) had claimed the same in the month of December last year.
“We have been interacting with Tesla for the last few months and it is a happy news that they have decided to incorporate their company here. We have impressed upon them that Bengaluru is not only the technology capital but also the aerospace and space capital. For any kind of technology collaboration, it has the right kind of talent pool,” said Gaurav Gupta, principal secretary, commerce & industries of Karnataka said.
“How they want to enter and take it forward is left to their judgment. Hopefully, this will lead to the sales office, research and further developments as necessary,” he added.