According to Reuters, Tesla will build another plant for the production of electric vehicles, and this time it will be located in India – in the southern state of Karnataka. This was announced by the state government.
The statement is part of a large document that deals with promising projects in the region. In January, Tesla Motors India registered an office in Bangalore (the state capital), and formerly the Chief Minister of the State of B.S. BS Yediyurappa announced on Twitter that Tesla is starting its formal operations in India with a research and development department in Bangalore. Later, however, this message was deleted, but now it is clear why – the official hastened the events.
Recall that Tesla will officially enter the Indian market in 2021, Elon Musk announced back in October last year. Now there is no doubt that a full-fledged assembly production will appear in the country, which will supply electric vehicles to both the domestic market and neighboring countries.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
