Tesla, the global leader in electric vehicles, has secured a prime commercial space in Mumbai’s Bandra Kurla Complex (BKC) for its first-ever showroom in India. The showroom will span 4,000 sq. ft. on the ground floor of a commercial tower, with Tesla reportedly paying ₹900 per sq. ft.—one of the highest commercial rents in the country—amounting to ₹35 lakh per month.
The company has signed a five-year lease for the BKC showroom and is actively working on opening a second showroom in Delhi’s Aerocity, indicating a strong expansion strategy in India.
Tesla’s India Plans Take Shape
This development follows Elon Musk’s meeting with Prime Minister Narendra Modi during the latter’s visit to the U.S. just two weeks ago. Soon after, Tesla posted job listings for 13 positions in India, further reinforcing its intentions to establish a solid presence in the country.
Following his meeting with Musk, PM Modi stated, “We discussed various issues, including space, mobility, technology, and innovation. I also spoke about India’s reforms and our vision for Minimum Government, Maximum Governance.”
Tesla’s Pricing Strategy for India
Tesla is currently exploring the import of vehicles from its Berlin Gigafactory to sell in India. The company is reportedly considering launching an EV priced below $25,000 (approx. ₹20.8 lakh) for the Indian market.
In comparison, Tesla’s most affordable car in the U.S., the Model 3, starts at $35,000 (approx. ₹30.4 lakh). While there is no confirmation on local manufacturing yet, Tesla is already sourcing over $1 billion worth of components from India, with expectations of increasing this figure significantly.
What’s Next for Tesla in India?
While Tesla’s entry into India has been long anticipated, its showroom expansion and supply chain investments suggest a serious commitment. However, the absence of a confirmed manufacturing plant raises questions about long-term pricing and availability for Indian customers.
With the first showroom set to launch in Mumbai soon and another planned in Delhi, Tesla’s foray into the Indian EV market is officially in motion.
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