Tesla Secures First India Showrooms in Mumbai and Delhi
The electric vehicle giant will open its first Indian showroom in Mumbai's Bandra Kurla Complex, with another planned for Delhi's Aerocity.
- Tesla has finalized plans to open its first Indian showroom in Mumbai's Maker Maxity at the Bandra Kurla Complex, covering 3,000 square feet with a reported monthly rent of ₹35 lakh.
- A second showroom will open in Delhi's Aerocity, occupying 4,000 square feet at a monthly rent of ₹25 lakh, according to sources.
- The Mumbai showroom is located in one of India's most expensive commercial real estate hubs, marking one of the highest rental agreements in the automotive industry.
- Tesla's entry into India follows a meeting between Prime Minister Narendra Modi and Tesla CEO Elon Musk in February, where they discussed innovation, technology, and sustainable development.
- India has recently reduced import duties on premium electric vehicles, signaling a more favorable market environment for Tesla's expansion.