News Karnataka
Thursday, May 02 2024
Industry

Minister MB Patil Cautions on Public Discussion of Tesla Investments

MB Patil To Davos
Photo Credit : News Karnataka

Karnataka Minister for Industries, Commerce, and Infrastructure MB Patil has said that there is a need for discretion regarding discussion on investments from companies like Tesla in the state and it cannot be discussed on public platforms. He also highlighted the importance of handing such matter with sensitivity.

According to few reports, the US electric car giant will be sending a team to India to look for an ideal location to setup an electric car with an approximate investment of 2-3 billion USD. The Telangana government has already initiated process to bring Tesla to the state. And its IT Minister Sridhar Babu claimed they are holding discussions.

Former Infosys CFO, Mohandas Pai asked MB Patil tagging on social media platform X, along with CM Siddaramaiah and DCM DK Shivakumar. “Telangana govt in talks with Tesla to set up electric car plant Is GOK wooing Tesla and Elon Musk to come to Karnataka? Best place India!”

Responding to the tweet of Pai, Minister Patil said, “Last time GoK and then CM tweeted, which wasn’t welcome. When dealing with MNCs like Foxconn, Tesla, or any other large corporations, sensitivity is vital. What the Govt is Doing or Not Doing, cannot be entirely discussed in the public domain.”

He also said that this is not politics and that his department cannot reveal anything about the efforts. “This is not politics, and the administration will have to behave maturely. Hence, the department and I would not like to comment on such matters,” Patil wrote.

Patil had openly invited Tesla to invest in Karnataka when Musk hinted about it’s footprint in India.

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