Tesla is reportedly set to launch its retail operations in India by April, with a focus on imports from its Berlin plant. The company has identified locations for showrooms in Mumbai’s BKC business district and Aerocity in New Delhi. Initial plans include introducing an electric vehicle priced under $25,000 (around ₹21 lakh) for the Indian market.
Tesla CEO Elon Musk is likely to launch retail operations in India by April this year, starting with imports from its Berlin plant, according to CNBC-TV18. The company has been searching for showroom space in India since late last year to start sales in the world’s third-biggest auto market.
The US carmaker plans to increase component sourcing from Indian OEM suppliers, which is expected to cross $1 billion by 2025. This move aims to reduce dependence on imported components and support local industries.
Tesla has selected locations for two showrooms in New Delhi and Mumbai, moving closer to its long-delayed plans to sell electric cars in the country. The company’s retail operations will be operated by Tesla, not service centers. Musk had previously criticized India’s high import tariffs of around 100% on EVs, but plans to sell imported vehicles.
Tesla has posted job ads for mid-level roles in India, including store and customer relationship managers. The company’s entry into the Indian market is seen as a significant development, given its reputation as a pioneer in electric vehicle technology.
Source: https://www.hindustantimes.com/business/elon-musks-tesla-may-launch-ev-sales-in-india-by-april-prices-likely-to-start-at-21-lakh-report-101739939156729.html