Tesla Secures Office Space in Pune Viman Nagar Amidst Talks of Indian Market Entry
US electric vehicle giant Tesla's plans for entry into the Indian market have taken a significant step forward as its India arm, Tesla India Motor & Energy, has secured office space spanning 5,850 sq ft in Pune's Viman Nagar locality. The leased coworking centre, located in Panchshil Business Park, will serve as a base of operations for the company, with the lease set to span a total of five years, commencing on October 1. Notably, Tesla retains the option to extend the lease for an additional five years, showcasing its potential commitment for a decade. This move comes in the midst of Tesla's discussions with the Indian government about establishing an electric vehicle manufacturing factory within the country. Elon Musk, Tesla's CEO, has indicated a more positive stance on Indian manufacturing after previously citing high levies as a deterrent. Tesla's interest in India's automotive industry and its desire to tap into the country's robust supply chain underscore its determination to become a significant player in the Indian EV market, characterised by evolving policies and demands for sustainable transportation solutions.
Similar News
Monsoon Deluge Exposes PMC Road Repair Failures
28 Sep 2023
Amnesty Scheme to Reduce Stamp Duty Deficit
02 Dec 2023
Historic Bhide Wada Set for Redevelopment by PMC
06 Dec 2023
PMC Approved Bus Bay on Nagar Road
12 Dec 2023
PMC Phased Approach to Repair 40 Aging Bridges
08 Jan 2024
Long Weekend से Pune-Satara Highway पर लगा लंबा!
27 Jan 2024
आखिर कब Open होगा Pune Airport का New Terminal?
06 Feb 2024
Pune Areas to Experience Water Shortage Tomorrow
07 Feb 2024
PMC demolishes 29 Hilltop Properties
09 Feb 2024
PMC under scrutiny for repeated budget inflation
03 Apr 2024
Pune Battle Against Rising Garbage-Related Fires
08 Apr 2024
IMD Warns Dry Conditions Challenge 125 Districts
19 Apr 2024
Residents Sweat Through Frequent Power Outages
28 Apr 2024
BSI to Open New Botanical Garden in Mundhwa
27 Aug 2024
