Elon Musk’s Tesla Arrives In India; New Office Set Up In Bengaluru

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After weeks of speculations, Elon Musk’s Tesla has finally come to India. The office of Tesla has been set up in Bengaluru. However, no further detail is available about what the company is planning to introduce in India. As per the Registrar of Companies (RoC) data accessed by the Times Of India, the new company has set up itself in the name of Tesla India Motors and Energy Private Limited.

The address associated with Tesla India Motors and Energy Private Limited is reportedly on Lavelle Road in Bengaluru’s Central Business District (CBD). The reports state that the registration of the company was allegedly done on January 8, 2021.

For the unknown, last month, the Union transport minister, Nitin Gadkari had said that Tesla would start selling cars in India in the year 2021. The reports also claim that the officials and ministers in the state of Karnataka are in talks to set up a Research & Development centre as well.

Taking to his Twitter handle, the Karnataka Chief Minister, BS Yediyurappa wrote, “Karnataka will lead India’s journey towards Green Mobility. Electric Vehicle Manufacturer Tesla will soon start its operations in India with an R&D unit in Bengaluru.”

Further in his tweet, the Chief Minister of Karnataka welcomed business tycoon Elon Musk to India and Karnataka. He also wished him all the very best for this new beginning.

During his interaction with Times of India, the Karnataka industries minister, Jagadish Shetter said that even when the firm has set up India, there is no clarification on what Tesla would do in India. He then mentioned that everyone is in talks with the firm and is ready to extend any support if need.

The RoC also mentions that the entity is registered as an unlisted private company. It also adds that the entity has an authorised capital of Rs 15 lakh along with paid-up capital of Rs 1 lakh.

As of now, no further information or detail is available on what Tesla plans to do in India.

Published by siddhi ajgoankar on 13 Jan 2021

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