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Market analysts maintain an optimistic near-term outlook, citing government policy

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Tesla enters India! Elon Musk-led EV maker to open first showroom in Mumbai today; here’s how much the cars will cost

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Tesla enters India! Elon Musk-led EV maker to open first showroom in Mumbai today; here’s how much the cars will cost

Tesla is officially making its debut in the Indian market with the launch of its first showroom on Tuesday at Mumbai’s Maker Maxity Mall in the Bandra Kurla Complex.The EV giant has also unveiled prices for its cars, listing the on-road cost of the much-anticipated Model Y at Rs 61 lakh. The rear-wheel drive variant will be offered at a cash price of Rs 59.89 lakh, as Tesla gears up to launch its first-ever showroom in the country, Reuters reported.

India Opens EV Doors For The World: Minister Drops Big Tesla Hint As Global EV Race Heats Up

Earlier on Friday, the company had teased the launch via its India-focused X handle with a post reading “Coming soon,” accompanied by a graphic indicating its India debut in July 2025.Maharashtra CM Devendra Fadnavis extended a warm welcome to the company, “This is not just the inauguration of an experience centre but a statement that Tesla has arrived—arrived in the right city and state, that is Mumbai, Maharashtra. Mumbai stands for innovation and sustainability.” “Tesla is not just a car and car company but stands for innovation and sustainability,” the CM further added.Despite widespread speculation about Tesla’s long-term plans for India, Union minister for heavy industries, HD Kumaraswamy, said last month that the company currently has no interest in manufacturing vehicles in the country.“They want to sell their car in India. There is no further development about Tesla,” Kumaraswamy had said in a media interaction, confirming the brand’s focus on opening showrooms rather than production facilities.While reports have suggested Tesla intends to import vehicles and sell them through Indian showrooms, the company has remained tight-lipped about its broader operational strategy in the region.Earlier this year, Tesla began hiring in India, signalling that preparations for its market entry were gaining momentum. Although CEO Elon Musk has expressed interest in investing in India, he has also cited high import duties as a significant barrier.India’s recently announced EV policy, offering reduced import duties and incentives to global EV manufacturers, could ease Tesla’s path into the country.Prime Minister Narendra Modi had a telephonic conversation with Musk in April, discussing potential collaborations in technology and innovation. The two also met in February during Modi’s visit to the United States.With its first showroom set to open in Mumbai, Tesla is poised to test the waters in one of the world’s fastest-growing automobile markets and establish a foothold for its premium electric vehicles.





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