Elon Musk's Tesla to Open Its First India-Showrooms in Mumbai's BKC & Delhi's Aerocity

Elon Musk's Tesla is making a move that has been long awaited by Tesla fans in India. Tesla is reportedly opening its first showroom in India at Mumbai's Bandra Kurla Complex (BKC). The showroom will occupy a 4,000 square foot space on the ground floor of a commercial tower. The lease agreement is reportedly one of the highest for commercial space in India, with a monthly rent of around ₹35 lakh.

Tesla is also planning to open a second showroom in Delhi's Aerocity complex. This expansion comes after Elon Musk's meeting with Prime Minister Narendra Modi in the US, which seems to have accelerated Tesla's entry into the Indian market.

This expansion comes after Elon Musk's meeting with Prime Minister Narendra Modi in the US. The meeting seems to have accelerated Tesla's entry into the Indian market.

Tesla is considering importing vehicles from its Berlin factory to serve the Indian market. The company's plans include launching an electric vehicle (EV) under $25,000 (approximately ₹18.3 lakh).

To recall, during an interview with Fox News last week, US President Donald Trump expressed his concerns about Elon Musk's plans to build a Tesla factory in India.

While Musk hasn't committed to establishing manufacturing in India yet, Tesla is already sourcing components worth over a billion dollars from the country. This number is likely to increase significantly in the coming months.

India has slashed import duties on premium EVs (costing above $35,000) from 110% to just 15%. According to CLSA, Tesla Model 3's on-road price in India would be around ₹35-40 lakh.