Blitz Bureau
NEW DELHI: Elon Musk-owned electric car company Tesla, will kick-off its operations in India on July 15. Although not manufacturing in the country at the moment, the company is set to open its first showroom in Mumbai.
Called an “experience centre”, the Tesla showroom in the financial capital is situated in a 4,000 square feet retail space, which is closer to US tech giant Apple’s flagship store in the city. This move comes as part of Tesla’s broader expansion strategy in India. In June, the company leased a commercial space in Mumbai’s Kurla West, which is expected to serve as a vehicle service facility.
Tesla now has four commercial properties in India, including an engineering hub in Pune, a registered office in Bengaluru, and a temporary office near Bandra Kurla Complex. Tesla India Motor and Energy Private Ltd had leased a 24,500-square-foot space in Mumbai’s Kurla West to set up a service centre, located close to its upcoming showroom in BKC.
This move marks a significant step in Tesla’s plans to enter the Indian electric vehicle (EV) market, although the company does not currently intend to manufacture vehicles in the country. According to real estate documents sourced by CRE Matrix, a property data analytics firm, Tesla signed a lease and license agreement with Bellissimo in City FC Mumbai I Private to rent the space in Lodha Logistics Park.
