As early as April 2025, Tesla intends to open shops in Mumbai and New Delhi to penetrate the Indian market. The stores will be situated in busy business districts, Aerocity in New Delhi and Bandra Kurla Complex (BKC) in Mumbai. These will not be service locations, but rather stand-alone retail establishments.
This is a big move for Tesla, which had previously contemplated joining the Indian market in 2022 but put those plans on hold because of infrastructure issues, high import taxes, and regulatory obstacles. After overcoming these obstacles, Tesla last year refocused on opening a store in India with the goal of supporting Indian customers and building a local relationship.
With its cutting-edge technology, ground-breaking vehicles, and possible government assistance, Tesla’s arrival is anticipated to have a big impact on India’s EV market by accelerating EV growth. With the help of the company’s technology, competitive price, and potential government incentives, the number of electric vehicles on Indian roads might rise significantly.
Following a meeting between Tesla CEO Elon Musk and Prime Minister Narendra Modi in the US, this reinvigorated attempt acquired impetus. Space, mobility, and technology were all discussed, underscoring India’s emphasis on fostering innovation and international collaborations.
The showrooms in Mumbai and Delhi would be roughly 5,000 square feet in size. Additionally, Tesla has started hiring in India for a number of roles, such as customer relationship managers and shop managers. According to recent job postings, the organization is looking to fill 14 positions.
It is anticipated that Tesla will launch imported EVs from its Berlin facility, with beginning costs of about ₹21 lakh, or $25,000. Although the original plans center on imported cars, if sales quantities warrant the investment, local production might be taken into consideration. It is anticipated that the Model Y will go on sale in the second half of 2025.
Customs taxes on imported cars costing more than $40,000 have been lowered by the Indian government to 70%.
Particularly for the Mumbai Suburban area, Tesla has begun hiring for a number of positions in India, including those in customer service and business operations.
Tesla is looking into land parcels in Maharashtra for a possible manufacturing presence, even if its initial focus is on imports. Additionally, they plan to source more components from Indian OEM vendors, with the goal of possibly surpassing $1 billion by 2025.