According to a regulatory filing, the company has registered Tesla India Motors and Energy Private Limited with ROC Bengaluru. The company is registered as an unlisted private institution.
Bengaluru| Tesla, the popular electric car firm founded by Elon Musk, is now going to enter India. After tasting success in the US, businessman Elon Musk is going to enter the automobile market in India and for this his electric car making company has also officially registered in Bengaluru, India.
According to a regulatory filing, the firm has registered Tesla India Motors and Energy Private Limited with ROC Bengaluru. The company is registered as an unlisted private institution with a capital of Rs 1 lakh. It will manufacture and trade luxury electric cars here.
According to the Registrar of Companies (RoC), Vaibhav Taneja, Venkatarangam Shriram and David John Fenstein have been appointed as directors of Tesla India. The move has been welcomed by Karnataka Chief Minister BS Yeddyurappa. Last month, Union Minister Nitin Gadkari said that the electric car-maker would start operations in India in 2021 and the company would explore the possibility of setting up a manufacturing unit in India on demand basis.
Significantly, in November last year, Tesla CEO Elon Musk tweeted in response to a Twitter user’s question that his company will enter the Indian market in 2021.
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