Tesla enters Indian market with high-end showroom in Mumbai
Tesla will initially sell its Model Y vehicles in India via imports, with prices starting at 6 million rupees ($70,000), significantly higher than U.S. prices. Deliveries are expected to begin in the third quarter
Tesla Inc. has officially entered the Indian market, launching its first showroom in Mumbai's upscale Bandra-Kurla Complex on Tuesday. The outlet will serve as the EV giant's flagship experience center, marking a long-awaited step into the world's third-largest auto market.
The move comes after years of delays due to policy disagreements. With global sales dropping and pressure mounting in its key markets—China and the U.S.—India offers Tesla a new growth frontier. The country's electric vehicle market is still in its early stages, making up just over 2% of total car sales, but the government aims to boost that share to 30% by 2030.
Tesla will initially sell its Model Y vehicles in India via imports, with prices starting at 6 million rupees ($70,000), significantly higher than U.S. prices. Deliveries are expected to begin in the third quarter, reports Agency.
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While Tesla's prices put it out of reach for most Indians, the brand will compete in the luxury segment alongside BMW and Mercedes-Benz.
Experts say Tesla's entry could accelerate EV innovation and bolster India's push toward cleaner transportation.
