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TESLA IN TALKS WITH THE KARNATAKA GOVERNMENT TO SET UP R&D CANTER IN INDIA | AUTO INDUSTRY NEWS




Elon Musk’s Tesla is in conversation with the industries department of the Karnataka government to set up a research and development (R&D) in Bengaluru to leverage the large ecosystem in India’s technology capital.


“The first proposal is for an R&D center and we have already had at least two rounds of discussions," said one official from the department, requesting not to be named.


This development would bring the biggest electric car maker in the world to Karnataka and would praise the state's image with a high-profile and news-making investor making its presence in a city that is already known as an R&D hub for sectors like aviation, biotechnology, and information technology.


Bengaluru is home to several other large R&D centers, which include General Electric’s first and largest global lab outside the US, John F. Welch Technology Centre (JFWTC), IBM, Samsung, and around 400 others.


Talks to set up an R&D center comes a year after Elon Musk expressed his interest to have a presence in India although he had earlier blamed restrictive policy that delayed entry into the Indian automobile market. The India head of Tesla and the industries commissioner of Karnataka are expected to meet again later this month, the official cited above said.


Karnataka, like its counterparts, is actively seeking out new investments to kickstart the fledgling economy that was set back due to the COVID-19 induced lockdown. Karnataka has even set up a task force just to pursue companies looking to relocate from China after the pandemic.


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