Tesla Plans To Enter Indian Market

[350Z]

Tesla has finalized the dealership locations: Aerocity (Delhi) and Bandra Kurla Complex (Mumbai), both are strategically located close to the airport. Tesla may also setup a plant in Chakan, Maharashtra. (Source: Link)

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[Nairrk]

Tesla's first India showroom to open in Mumbai's BKC, Delhi next in line

Taking a significant step towards its much-anticipated entry into the Indian market, US electric vehicle giant Tesla has secured a deal to establish its first showroom in Mumbai's Bandra Kurla Complex (BKC), according to a report by The Times of India.

This lease agreement is reportedly among the highest for a commercial space in the country.

Tesla will occupy a 4,000 sq ft space on the ground floor of a commercial tower in BKC, where it will showcase its car models, the news report said. The monthly lease rent is approximately Rs 900 per sq ft, amounting to around Rs 35 lakh per month. The lease is set for a five-year term, with Tesla also planning to open another showroom in Delhi’s Aerocity.

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[350Z]

Tesla Model Y has been spied testing for the first time in India at Mumbai – Pune Expressway. (Source: Link)



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[vm2011]

Tesla Model Y in India. The unit imported from Germany is being tested here before its launch. Tesla is awaiting the final import duty finalization of the Indian Govt. before taking a call on the launch. No local plan manufacturing plans as of now.

Tesla Model Y Spied Testing In India: Launch Closer Than Ever? - ZigWheels

 

[350Z]

Tesla’s country head for India, Prashanth Menon, has resigned after nine years at the company, ahead of the brand’s debut in India. (Source: Link)

• Prashanth Menon is also stepping down as the chairman of Tesla India's board.
• No immediate successor is named. However, Tesla's China teams will oversee the firm's India operations in the meantime.

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350Z