Thursday, July 17, 2025

Creating liberating content

Attendees walk through an exposition hall at AWS re:Invent, a

Related News

A coalition of leading US solar panel manufacturers has filed a formal petition urging the US commerce department to impose tariffs on solar imports from India, Indonesia, and Laos.The group

The Avendus Wealth–Hurun India U30 List 2025 has recognised 79 of India’s most promising entrepreneurs under the age of 30, showcasing the next generation of business leaders across key sectors

Tata Motors-owned Jaguar Land Rover (JLR) has confirmed it will cut around 500 managerial jobs in the UK as part of a “limited” voluntary redundancy programme, aligning with its ongoing

Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Amazon is

Elon Musk listens as US President-elect Donald Trump speaks during a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13, 2024 in Washington, DC. Allison

Facebook accused of manipulating user data Mark Zuckerberg to face deposition over Cambridge Analytica 04:45 Meta CEO Mark Zuckerberg and other board members of the social media giant settled a

Trending News

A coalition of leading US solar panel manufacturers has filed a formal petition urging the US commerce department to impose tariffs on solar imports from India, Indonesia, and Laos.The group

The Avendus Wealth–Hurun India U30 List 2025 has recognised 79 of India’s most promising entrepreneurs under the age of 30, showcasing the next generation of business leaders across key sectors

Tata Motors-owned Jaguar Land Rover (JLR) has confirmed it will cut around 500 managerial jobs in the UK as part of a “limited” voluntary redundancy programme, aligning with its ongoing

The government has approved an approximately Rs 20,000 crore AWACS project, a major step toward boosting the Indian Air Force’s airborne surveillance and early warning capabilities. Under this programme, India

Top executives at India’s private banks saw only modest increases in their FY25 pay packages, as the Reserve Bank of India maintained strict oversight on CEO compensation, with salaries, bonuses,

Over the upcoming 2 decades, Andhra Pradesh might evolve into a $2 trillion state economy! A state taskforce led by CM N Chandrababu Naidu has laid out a roadmap to

Tesla Picks Showroom Sites In Delhi, Mumbai For India Sales: Report

Word Count: 347 | Estimated Reading Time: 2 minutes




New Delhi:

Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources familiar with the matter said.

The US carmaker has been hunting for showroom space in India since late last year in order to start sales in the world’s third biggest auto market, after putting market entry plans on hold in 2022.

Indian Prime Minister Narendra Modi met Tesla CEO Elon Musk in the United States last week and discussed issues including space, mobility and technology.

Tesla has selected space to lease in the Aerocity area near New Delhi’s international airport for a showroom, said two people familiar with the discussions, who declined to be named as the matter is private.

The Aerocity area boasts hotels, retail outlets and offices of global corporations.

In Mumbai, the carmaker has chosen space in the business and retail hub of Bandra Kurla Complex near the city’s airport, the first person said. Both the Delhi and Mumbai showrooms will be around 5,000 square feet (464.52 square metres) in size, the source said.

Opening dates for the outlets have not yet been decided, but Tesla plans “to sell imported EVs in India … these deals are for showrooms, not service centres,” the first person said, adding that Tesla will operate the outlets.

Tesla did not immediately respond to a request for comment.

The company also posted job ads this week for 13 mid-level roles in India, including some store and customer relationship managers.

Musk has long criticised India for having high import tariffs of around 100% on EVs. Tesla has repeatedly lobbied to relax them but has faced opposition from local automakers who think Tesla’s entry could hit their EV plans.

U.S. President Donald Trump last week called out India’s high duty on cars, but agreed with Modi to work towards an early trade deal and resolve their standoff over tariffs.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




Source link

Sign In

Welcome ! Log into Your Account