Elon Musk’s Tesla to Open First Showroom in India, Paying Monthly Rent of Rs 35 Lakh

Tesla, the world’s leading electric vehicle (EV) manufacturer, is finally making its highly anticipated entry into India. The company’s first showroom in the country is set to open at Mumbai’s Bandra Kurla Complex (BKC), one of the city’s premier commercial hubs.

*Tesla’s First Showroom in India*

According to The Times of India, Tesla has leased a 4,000-square-foot ground-floor space in a commercial tower at BKC. The showroom will feature Tesla’s range of EVs, allowing buyers to explore the company’s cutting-edge models. The automaker has agreed to pay Rs 900 per square foot in rent, translating to a monthly outlay of nearly Rs 35 lakh. The lease agreement is set for a period of five years.

*Second Showroom in Delhi*

Following the launch in Mumbai, Tesla is reportedly planning to open its second showroom at Delhi’s Aerocity complex. This strategic move demonstrates Tesla’s commitment to establishing a strong foothold in India’s major metropolitan areas. It will also create significant competition for existing players in India, such as Tata Motors and Mahindra.

Tesla has long been eyeing the Indian market, but its entry was delayed due to disagreements over import duties and local manufacturing requirements. However, recent developments signal a breakthrough, with the company actively preparing for its launch.

*Tesla Job Openings*

Tesla’s hiring activities hinted at its entry into the Indian market earlier. The company has posted job openings for roles in customer support, operations, and business support, with positions based in Mumbai and Delhi. This expansion follows Tesla CEO Elon Musk’s meeting with Indian Prime Minister Narendra Modi in the United States. During the meeting, Musk expressed his enthusiasm for entering the Indian market and contributing to the country’s EV ecosystem.

*Boosting India’s EV Market*

Tesla’s entry is expected to boost India’s growing EV market. With its focus on innovation and sustainability, Tesla’s arrival marks a significant milestone in India’s journey toward a greener future. The presence of Tesla in India is likely to accelerate the adoption of electric vehicles, promote sustainable transportation, and contribute to the overall growth of the EV sector in the country.

As Tesla gears up for its official launch in India, the anticipation among consumers and industry players continues to grow. The company’s cutting-edge technology and commitment to sustainability are set to make a lasting impact on the Indian automotive landscape.

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