Tesla Mulling Over Investing in Maharashtra

by Mohammed Burman | 28/10/2020
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Tesla is reported to be in discussion with Maharashtra Government to inaugurate a research and development centre in Bangalore.

The Maharashtra government is in discussion with Tesla on the investments in the state as Subhash Desai, the Industries Minister and Aaditya Thackeray, the Tourism Minister have made a video call with Tesla on future investments. Tesla is also reportedly suggested to inaugurate a development and research centre in Bangalore, Karnataka; the discussion has already been started with the Maharashtra Government industry department.

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Elon Musk, Tesla CEO, has also very been open about the American electric carmaker’s plan to make its entry to the Indian auto market. He also tweeted that Tesla EVs will start to be brought to India in January 2021. With the reliance on the Chinese auto market decreasing as a consequence of the COVID-19 pandemic, India becomes the destination for further investment. Numerous states such as Maharashtra, Tamil Nadu, Telangana, Andra Pradesh and Karnataka are making every endeavour to attract foreign brands to the auto section.

tesla model x front three quarters

Tesla will start to bring its electric vehicles to India at the beginning of next year.

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Once the Tesla R&D centre is established in Bangalore, it will become the second centre of the American electric car manufacturer outside the USA, which will be a remarkable milestone for India. Noteworthily, numerous modern auto companies have chosen Bangalore as their headquarters. The state government is trying to invest over INR 31,000 crore in research and development as well as the production of environmentally-friendly vehicles. Tesla has appeared to be the most potential auto brand with steadily increased sales volumes.

Gigafactory of Tesla in China produced over 50,000 units in the first half of this year, which helps Tesla become the best-selling EV carmaker in the country. An R&D centre is also feasible in China while the American EV automaker is also in the process of finishing the Gigafactory in Germany.

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