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Tesla approaches launch in India
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[Image: _116491913_teslafactory.jpg]



Tesla has come close to launching in India later this year by registering a local company.Tesla Motors India and Energy Private Limited were established last week with registered offices in Bengaluru.Tesla chief executive Elon Musk tweeted in October about the attack on India.India's Transport Minister Nitin Gadkari told local media last month that Tesla would start with sales, then may consider assembly and production.However, local officials suggested that Tesla's plans for India were not yet clear.Karnataka Industry Minister Jagadish Shettar told the Times of India, "While the companies are listed, it is unclear what they will do here.
Bengaluru is the tech hub of slotxo India.Many local technology companies are headquartered there and many multinationals have Indian headquarters in the city.The documents show that the Indian agency has three directors, including David Feinstein, who is currently Tesla's chief executive, according to his LinkedIn profile.Recently, Tesla founder Elon Musk became the richest person in the world, overtaking Amazon's Jeff Bezos with more than $ 185 billion (£ 135 billion).His foray into India comes as the country's Prime Minister Narendra Modi is promoting 
the production and use of electric vehicles to reduce the country's dependence on oil and reduce pollution.But efforts have been hindered by a lack of investment in manufacturing and infrastructure such as charging stations.Still, Indian electric car makers are increasingly looking to electric vehicles as a growing market.Tata Motors, India's largest automaker, is expected to launch a range of low-cost electric vehicles this year, while Mahindra and Maruti are expected to launch their own models this year.
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