Bengaluru, Feb 13: US-based electric car giant Tesla would set up its manufacturing unit in Karnataka, Chief Minister of the state B S Yediyurappa said on Saturday.

"American firm Tesla will set up the car-manufacturing unit in Karnataka," the Chief Minister said.

In 2021-22, infrastructure development at a cost of Rs 1.16 crore would take place in the state and Rs 14,788 crore would be released for the second phase of the Metro Rail work.

The Chief Minister 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 USD five- trillion economy by 2025.

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Bengaluru: The Royal Challengers Bengaluru (RCB) have qualified for the playoffs of IPL 2024 after defeating the Chennai Super Kings (CSK) by 27 runs in a thrilling match at the M. Chinnaswamy Stadium on Saturday.

RCB, captained by South African cricketer Faf du Plessis, emerged victorious in this crucial match to secure their spot in the playoffs. However, the lost match is tragically significant to Chennai Super Kings' key player M S Dhoni, for whom it is believed to be the last IPL season.