Tesla to Launch in India: Tesla is finally making its way into India, with its first showroom in Mumbai and expected sales launch in the second half of 2025. The company has secured a 4,003-square-foot showroom space in Maker Maxity, Bandra Kurla Complex (BKC), Mumbai, for a monthly rent of ₹35.26 lakh.
Tesla India Motor & Energy Pvt. Ltd. has signed a five-year lease agreement with Univco Properties LLP. The company has also paid a security deposit of ₹2.11 crore, and the rent will increase by 5% annually.
The move follows Elon Musk’s meeting with Indian Prime Minister Narendra Modi in February 2025 in Washington, DC. Since then, Tesla has posted 20 job openings across India and is actively looking for showroom locations in Mumbai and New Delhi.
Table of Contents
Tesla India Showroom Details
Here are the key details about Tesla’s first showroom in India:
- Location: Maker Maxity, Bandra Kurla Complex (BKC), Mumbai
- Size: 4,003 square feet
- Lease Term: 5 years
- Rent: ₹35.26 lakh per month
- Annual Increase: 5%
- Security Deposit: ₹2.11 crore
Tesla is also hiring employees in Mumbai and Pune, with 15 job openings in Mumbai and 5 in Pune.
Tesla Model Y to Be the First Car in India
Tesla’s first car for India is expected to be the Tesla Model Y, launching in the second half of 2025. The estimated price of the Model Y will be between ₹60-70 lakh, placing it in competition with luxury EVs from Mercedes-Benz, BMW, and Audi.
Tesla’s Expected Pricing in India
Tesla is expected to import vehicles initially, which means prices will be higher due to import taxes. Here’s how much Tesla cars may cost in India:
- Tesla Model Y: ₹60-70 lakh
- Tesla Model 3: ₹35-40 lakh
- Total Cost of Model 3 (including taxes): ₹45.5 lakh
- Road Tax: ₹3.5 lakh
- Insurance: ₹1.75 lakh
- Import Duty (15%): ₹5.25 lakh
If Tesla keeps its pricing below ₹50 lakh, it could challenge luxury brands. However, if Tesla launches models between ₹25-35 lakh, it could compete with Tata Motors and Mahindra in the premium EV segment.
Tesla’s Challenges in India
Despite its expansion, Tesla faces major challenges in India:
- High Import Taxes: Currently, EV import duties are over 100%, making Tesla cars expensive.
- No Immediate Local Manufacturing: Tesla will import its cars instead of producing them in India, further increasing costs.
- Luxury Car Market Competition: Tesla will compete with Mercedes-Benz, BMW, Audi, and Volvo, which already have a strong presence in the Indian EV market.
The U.S. government is pushing India to reduce import duties on electric vehicles as part of a trade agreement. However, India is reluctant to eliminate tariffs immediately, though it may consider lowering them gradually.
Conclusion
Tesla is making a strong entry into India with its first showroom in Mumbai and a planned Model Y launch in late 2025. The company has begun hiring employees and exploring new showroom locations. However, high import taxes and luxury car competition may impact Tesla’s pricing and success in India. If Tesla can bring down prices or start local manufacturing, it could become a dominant EV player in the Indian market.
FAQs
Where will Tesla’s first showroom be in India?
Tesla’s first showroom will be in Maker Maxity, Bandra Kurla Complex (BKC), Mumbai.
When will Tesla cars launch in India?
Tesla is expected to launch Model Y in the second half of 2025.
How much will the Tesla Model Y cost in India?
The estimated price of Model Y will be ₹60-70 lakh, competing with Mercedes-Benz, BMW, and Audi.
Will Tesla manufacture cars in India?
As of now, Tesla plans to import cars into India and has no immediate plans for local manufacturing.
Will Tesla’s prices go down in India?
If import duties are reduced, Tesla’s prices may become more affordable in India.
