- Tesla is in talks with the Industries Department of Karnataka government to set up its R&D center in Bengaluru.
- With the R&D center in Bengaluru, Tesla can leverage the largest R&D ecosystem in India’s technology capital city.
- Bengaluru is one of India’s largest hubs for sectors like Aviation, Technology, and Biotechnology.
The world’s most valuable carmaker company Tesla is in talks with the Industries Department of Karnataka government to set up its Research & Development (R&D) center in Bengaluru.
With the establishment of its R&D center, Tesla can leverage the availability of relatively cheap technical expertise in India’s technological capital city Bengaluru.
Bengaluru is one of India’s largest hubs for sectors like Aviation, Information Technology, Biotechnology, and Education. With the establishment of its R&D center, Tesla can make its presence in the Indian market.
“Tesla has shown its initial interest to invest in developing its Research & Development center (R&D) for its future business projects in India,” said, one of the sources.
Furthermore, Tesla has not yet officially launched its vehicles in India, The only Asian market for Tesla is in China.
Last year, Elon Musk in a conference intended to have Tesla’s presence in India but blamed the Indian government due to its policies and restrictions, towards Tesla, the launch is getting delayed.
Karnataka was the first state in India to launch an electric vehicle policy for startups and companies.
Moreover, 200+ companies R&D centers are established in Bengaluru such as General Motors, Samsung, IBM (International Business Machine), John F. Welch Technology Center, Aerospace Systems, Manhattan Associates India, etc.