US EV Firm Praises Telangana’s Investor-Friendly Govt Talent Pool.

Telangana was dubbed by many as the California of the East long ago, with its capital city turning a 2nd home to global majors like Facebook, Microsoft, Google, Amazon, Apple, and so on. And now, the CEO of a firm from California that set up shop recently here is praising the ease of doing business in Telangana.

Henry Fisker, CEO of American electric vehicle maker Fisker Inc which established its Indian headquarters in Hyderabad in April, praised the Telangana govt, calling it pro-business, in an interview given to leading financial portal moneycontrol.com.

Fisker Inc. report says is competing with Tesla and plans to enter the Indian market soon. The CEO told the portal that he intends to bring his company’s Ocean vehicles to India in the upcoming year and produce the PEAR (Personal Electric Automotive Revolution) locally.

Fisker, who founded the company with his wife Geeta Gupta Fisker, and who is also known for designing the BMW Z8 and Aston Martin DB9, is betting big on ‘Make in India’ to build a supply chain for the 1,500 or so parts for his cars, the report says.

As for Fisker’s Hyderabad story, he said the current HQ had about 50 employees, which would eventually reach 500. They were also looking for new office space in the city with remote work.

Even the minister, KTR, came to visit us in the United States. He was at our headquarters, talking about how quickly you can get different approvals. So, you know, all of these things were important to us,” he said.

Fisker’s electric cars, according to the interview, might be seen in India by 2024.