The Karnataka government has recently extended a warm invitation to Tesla CEO Elon Musk, urging him to establish the automaker’s next Gigafactory in the country.
This invitation comes shortly after CEO Musk hinted at potential investments in India, expressing his confidence in the country’s immense potential.
Minister Patil highlights Karnataka’s edges in an invitation to Tesla
Karnataka’s Minister of Infrastructure Development MB Patil publicly invited the American EV giant to set up electric vehicle productions in the state through a Twitter post.
Minister Patil emphasized Karnataka’s innovation and technological prowess to attract Tesla’s investment.
Minister Patil further underlined the government’s willingness to provide full support and necessary facilities for Tesla and other ventures led by billionaire Elon Musk, reiterating the commitment of the Congress regime to engage with Tesla.
“If Tesla considers setting up a plant in India, Karnataka, with its great potential and capabilities, I must say is “The Destination.”
@CMofKarnataka and I extend our invitation to Tesla in words and spirit.”
MB Patil, Karnataka’s Minister of Infrastructure Development
CEO Musk plans a visit to India in 2024
Following a meeting with Prime Minister Narendra Modi, CEO Musk expressed his plans to visit India in 2024.
“I am tentatively planning to visit India again next year. I am looking forward to it.”
Tesla CEO Elon Musk
CEO Musk went on to emphasize that he firmly believes in Tesla’s future in India. He even stated that the company would establish its presence in the country “as soon as humanly possible.”
The American business tycoon also expressed gratitude to Prime Minister Modi for his support and expressed hope for an upcoming announcement.
“I would like to thank PM Modi for his support and hopefully, we will be able to announce something in the not-too-distant future.”
Tesla CEO Elon Musk
As EV-a2z previously reported, Tesla has been actively engaging with Indian authorities for several months after years of delay.
The Musk-led automaker has already registered its car business as Tesla India Motors and Energy Pvt. Ltd. Additionally, it has also been conducting vehicle tests in the country.
However, Tesla is seeking a reduction in import taxes on EVs and their components.
In response, government officials have indicated that tax benefits will be considered once Tesla begins production in India.
Karnataka, situated in southwest India with Bengaluru as its capital, boasts a thriving technological landscape. The state’s proactive steps to attract foreign investments, exemplified by this invitation to Tesla, align with its broader strategy to nurture innovation and foster technological development.
See Also:
- Indian Prime Minister meets Tesla CEO in the US, sparking rumors about Giga India
- Tesla to enter the Indian market with potential vendor base, per report
- Tesla is “serious” about building a production base in India, minister claims
- Tesla “Gigafactory India” meeting focuses on car incentives and battery production, per report
- Tesla proposes the site of its upcoming Gigafactory to Indian officials, per a report
While further details about the potential collaboration between Karnataka and Tesla are yet to be disclosed, this gesture signifies the state’s determination to create a conducive environment for foreign investors.
The eyes of industry observers are now eagerly awaiting more information on this potential partnership.
