Tesla, the global leader in electric vehicles, is making significant strides in India by setting up a new office close to Mumbai’s prominent Bandra-Kurla Complex (BKC). This development is part of Tesla’s broader plan to establish a strong presence in the fast-growing Indian EV sector, following a landmark lease for its first showroom in the same vicinity.
Prime Location and Office Setup
The new Tesla office is located in Phoenix Market City, Kurla, a key commercial area near BKC. Tesla India Motor & Energy, the company’s Indian subsidiary, has secured a coworking space with seating for 30 employees. The monthly rent is around Rs 3 lakh, with a one-year lease and a flexible three-month lock-in period, allowing Tesla to maintain operational flexibility as it expands its activities in India.
This Mumbai office adds to Tesla’s existing locations in Bengaluru and Pune, marking its third operational site in the country. The office will support foundational functions such as regulatory compliance, vendor management, recruitment, and backend operations, setting the stage for Tesla’s anticipated vehicle launches in India.
Showroom and Market Expansion
Tesla’s commitment to India is further highlighted by its record-setting lease for a 4,000 sq ft showroom in Mumbai’s BKC, reportedly at nearly Rs 900 per sq ft per month, amounting to about Rs 35 lakh monthly over five years. This showroom will serve as a key customer touchpoint in one of India’s most important business districts. Plans are also underway for a second showroom in Delhi’s Aerocity, targeting India’s capital market.
Growth Driven by Leadership and Policy Support
Tesla’s India plans gained momentum after CEO Elon Musk’s 2024 meeting with Prime Minister Narendra Modi. Since then, Tesla has accelerated hiring and operational efforts, supported by government policies aimed at attracting international EV manufacturers and promoting electric mobility in India.
Impact on India’s Electric Vehicle Landscape
Although Tesla has not yet announced plans for local manufacturing, its growing presence through offices and showrooms signals a long-term commitment to the Indian market. The company is expected to launch the Model Y initially, competing in the premium EV segment and challenging established luxury automakers.
Conclusion
By opening a new office near Mumbai’s Bandra-Kurla Complex, Tesla is reinforcing its dedication to the Indian market. This move is a strategic step toward establishing a robust presence in India’s evolving electric vehicle industry. As government policies and consumer interest continue to align, Tesla’s expansion is poised to accelerate India’s EV adoption.
