Elon Musk’s Tesla has long been rumored to join India’s electric vehicle (EV) market, but has faced several obstacles related to local factory investment, regulations and high taxes. This has previously advocated for low import duties along with policy encouragement. Now, a recent report suggests that the US-based company may eventually be ready to bring its fleet of EVS in the country, initially starting with several imported models and started as April. It is also said that the final locations for the country’s first two Tesla showrooms were finalized, which was likely to select Delhi and Mumbai.
Cincely CNBC TV18, citing industry sources Reports The EVS’s initial batch that Tesla is planning to sell in India will mainly consist of vehicles imported from their Berlin plant. It is said that to target the price tag under the country’s first Tesla car $ 25,000 (about Rs 22 lakh), the company of the company to start cheap EVS faced by BYD’s choice in global markets. There is a step to suit the plans. ,
In particular, the Tesla Model 3 is currently its cheapest model, with a base value of $ 40,000 (about Rs 35 lakh).
The first two Tesla showrooms in India are reported to be located in Delhi’s Arocity and BKC in Mumbai, and operations at both places are expected to start soon. This step comes between EV manufacturer owned by Elon Musk beginning Recruitment for the operation of your India. The job listing reveals vacancies for service technicians, advisory roles, customer engagement manager and distribution operating specialist.
High tariff
In particular, the Union Budget 2025 announced by Finance Minister Nirmala Citraman on 1 February reduced the basic customs (BCD) from 125 percent to 70 percent on imported vehicles costing more than $ 40,000. Reports suggest that it can be further reduced after an executive order signed by US President Donald Trump that imposes mutual tariffs on all countries, which are of high customs duties on American imports. Trump commented on high import tariffs in India despite a recent decrease, making it difficult to sell American-made cars in the country.
Although Tesla has not guaranteed the construction of its EVS in the country, this year is a plan of sourcing components of over $ 1 billion (about Rs 8,690 crore) from India, which is potentially growing in the coming months.
