Tesla will set up a car manufacturing unit in India, the chief minister of the state of Karnataka has said, as the U.S. electric vehicle maker aims to enter one of the most promising car markets in Asia
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Elon Musk has tweeted several times about the company s impending foray into India.
Billionaire Elon Musk s Tesla Inc will set up an electric-car manufacturing unit in Karnataka, according to a government document seen by Reuters on Saturday. The US firm Tesla will be opening an electric car manufacturing unit in Karnataka, the state government said in a brief statement.
The statement was part of a broader document outlining the highlights of budget to its people in Kannada.
Last month, the electric carmaker incorporated Tesla Motors India and Energy Private Limited with its registered office in Bengaluru, a hub for global technology companies.