Summary: Tesla is set to enter the Indian market as early as April 2025, with its electric vehicles expected to start at around Rs 21 lakh. The company plans to initially import cars from its Berlin factory and has identified showroom locations in Mumbai’s BKC and Delhi’s Aerocity. Tesla aims to launch an affordable EV priced below $25,000 (~Rs 22 lakh). While India has reduced import duties on high-end cars, Tesla is seeking further tariff cuts before finalizing its plans. The launch could significantly boost India’s EV adoption amid the country’s push for sustainable mobility.
Elon Musk-led Tesla is reportedly preparing to enter the Indian market, with its electric vehicles (EVs) expected to launch as early as April 2025. According to a report by CNBC-TV18, the starting price for Tesla’s first offering in India is estimated to be around Rs 21 lakh.
The American EV giant is said to be planning initial imports from its Berlin factory, following positive developments in discussions with Indian authorities. Additionally, Tesla has identified key showroom locations in Mumbai’s Bandra Kurla Complex (BKC) and New Delhi’s Aerocity, signaling its commitment to establishing a strong presence in the country.
The company is focused on introducing an affordable electric car priced below $25,000 (approximately Rs 22 lakh) to cater to the Indian market. Tesla had previously been hesitant to enter India due to the country’s high import tariffs on fully assembled vehicles. While the Indian government has already reduced the basic customs duty on cars priced above $40,000 from 110% to 70%, Tesla is reportedly seeking further tariff reductions before finalizing its launch plans.
If Tesla successfully launches in India, it could significantly impact the country’s EV landscape, accelerating the adoption of sustainable mobility solutions. The development comes amid India’s push to promote electric vehicles and reduce dependence on fossil fuels.
More details on Tesla’s India debut are expected to emerge in the coming months.
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Last Updated on Wednesday, February 19, 2025 12:43 pm by Entrepreneur Live Team