Tesla to expand more aggressively in India; sets up new subsidiary company

India presents a huge market for Tesla, with lesser restrictions compared to China.


Rajitha Reddy

13 Jan, 2021

Tesla to expand more aggressively in India; sets up new subsidiary company | BEAMSTART News

- From our Sponsors -

India could be Tesla's next frontier, as the company continues to expand its presence worldwide.

In a recent report by Livemint, Tesla has just registered a new subsidiary company in India, named "Tesla India Motors and Energy Private Limited".

According to the Registrar of Companies (RoC) filing, the new subsidiary is registered in Bengaluru, Karnataka, and has named Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein as directors.

Tesla CEO, Elon Musk, and India's Prime Minister, Narendra Modi.

According to the state government, Tesla has plans to open up a research and development (R&D) centre in Bengaluru, and may even go as far as setting up a manufacturing plant.

As of now, the company will focus on marketing its electric vehicles (EV) in the country.

Last week, Elon Musk surpassed Amazon's Jeff Bezos as the richest person in the world.

“We have been interacting with Tesla for the last few months and it is happy news that they have decided to incorporate their company here. We have impressed upon them that Bengaluru is not only the technology capital but also the aerospace and space capital. For any kind of technology collaboration, it has the right kind of talent pool," Gaurav Gupta, principal secretary, commerce & industries of Karnataka said.

- From our Sponsors -

Latest Jobs

Senior Product Manager

Vahan

Bengaluru, India, United States

Full Time

USD 2500000 — USD 4500000 yearly

Revenue Director (Go-to-market areas)

Pulppo

Mexico City, Mexico, United States

Full Time

USD 50000 — USD 80000 yearly

🤝🏼 Talent Lead

Replo

San Francisco, United States

Full Time

USD 100000 — USD 130000 yearly

People Partner Intern

Finku

Jakarta, Indonesia, United States

Internship

Salary Undisclosed

Full Stack Engineer

kapa.ai

United States

Full Time

USD 80000 — USD 119998 yearly

JavaScript Automation Intern

HiOperator

San Francisco, United States

Internship

USD 17 — USD 25 yearly

Supplier Quality Engineer, Energy Storage

Moxion Power Co.

Richmond, CA, United States

Full Time

Salary Undisclosed

Senior Product Designer, Graphing

BioRender

Toronto, Canada, United States

Full Time

USD 130 — USD 240 yearly

Snr. Software Engineer (Backend)

SkyLink

New York, United States

Full Time

USD 125000 — USD 155000 yearly

QA Engineer - Intern

Peakflo

Singapore, Singapore, United States

Internship

USD 360000 — USD 600000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2024 BEAMSTART. All Rights Reserved (Legal).