Updated Feb 16, 2021 | 12:36 IST
Given the headstart that Karnataka, and its capital Bengaluru, has taken in the EV race compared to other Indian states, Tesla s decision to locate here should not come as much of a surprise. Tesla CEO Elon Musk. | Photo Credit: AP
Key Highlights
Bengaluru stands as one of the country s largest research and development hubs, already boasting R&D units of numerous automakers including Mercedes-Benz, General Motors, Continental, Bosch, Delphi, Volvo, Mahindra & Mahindra and Great Wall Motors
Karnataka was the first in the country to introduce a dedicated EV policy to encourage original equipment manufacturers, component producers and energy suppliers to set up shop in the state
Tesla Will Have A Plant In India, Chief Minister Says: Giga Tumakuru ++ The plans to sell in that market go well beyond importing vehicles.
India is the second-largest country in population, with 1.39 million people. Yet, it is only the fifth-largest car market in the world, behind China, the US, the EU, and Japan. The potential for expansion there is incredible, and Tesla knows that. So much so that its next Gigafactory will be there, according to Karnataka’s chief minister, Bookanakere Siddalingappa Yediyurappa.
A chief minister is equivalent to a governor in India. Karnataka is one of the 28 states in the country, as well as the largest one in South India and the sixth-largest in the country. Its capital is Bangalore, but the new factory should be in Tumakuru, according to Yediyurappa.
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Tesla To Set Up Manufacturing Facility in Karnataka
Tesla To Set Up Manufacturing Facility in Karnataka
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Highlights
The manufacturing plant will be an addition over the R&D facility
The chief minister of Karnataka announced this in a statement in Kannada
After forming its India entity, Tesla is going to be setting up a manufacturing facility in India, in the state of Karnataka. The news comes from Karnataka Chief Minister BS Yediyurappa who announced the manufacturing facility in a statement given in Kannada. American firm Tesla will open its electric car manufacturing unit in Karnataka, Yediyurappa said in a statement. He added that an industrial corridor will be set up in the Tumkur district neighbouring Bangalore at a cost of Rs 7,775 crore.