Karnataka Chief Minister B. S. Yediyurappa announced that US-based electric car giant Tesla would set up its manufacturing unit in the state.
The Chief Minister also said an industrial corridor would be developed in Tumakuru at an investment of Rs 7,725 crore creating 2.8 lakh jobs.
Hailing the Union Budget presented recently as historic, Yediyurappa said it would pave the way for a $5 trillion (roughly Rs. 360 lakh crore) economy by 2025.
