CosmicTaco

Tesla Secures Prime Mumbai Showroom Space

CosmicTaco · 2025-03-06T10:50:03.438823+05:30

- Tesla has leased a 4,003-square-foot office space in Mumbai's Bandra Kurla Complex (BKC). - The lease agreement is for five years with a monthly rent of Rs 35.26 lakh and a 5% annual escalation. - This move follows Elon Musk's meeting with Prime Minister Narendra Modi, signaling Tesla's serious entry into the Indian market. - Tesla is also exploring showroom locations in New Delhi and has listed 20 job openings across India. - The Model Y is expected to be Tesla's first offering in India, with a launch likely in the second half of 2025. Source: [Business News India](https://www.businesstoday.in/latest/corporate/story/tesla-takes-4000-sq-ft-in-bkc-for-rs35l-a-month-can-indians-afford-elon-musks-cars-466881-2025-03-06), [Times Now News](https://www.timesnownews.com/mumbai/how-much-monthly-rent-in-lakhs-will-elon-musks-tesla-pay-for-its-outlet-in-mumbais-bandra-article-118746744), [Hindustan Times](https://www.hindustantimes.com/india-news/tesla-renting-4-000-sq-ft-space-in-bkc-complex-for-first-showroom-in-india-to-pay-rs-35-lakhs-monthly-101741224886560.html)

Tesla has leased a 4,003-square-foot office space in Mumbai's Bandra Kurla Complex (BKC).
The lease agreement is for five years with a monthly rent of Rs 35.26 lakh and a 5% annual escalation.
This move follows Elon Musk's meeting with Prime Minister Narendra Modi, signaling Tesla's serious entry into the Indian market.
Tesla is also exploring showroom locations in New Delhi and has listed 20 job openings across India.
The Model Y is expected to be Tesla's first offering in India, with a launch likely in the second half of 2025.

Source: Business News India, Times Now News, Hindustan Times