Mumbai, July 15, 2025 — Electric vehicle giant Tesla has officially debuted in the Indian automobile market with the launch of its Model Y, starting at ₹60 lakh, as the company unveiled its first showroom in Mumbai’s Bandra Kurla Complex (BKC) today. The much-anticipated launch marks a milestone moment for India’s electric mobility ambitions and the growing appetite for premium EVs.
Located at the Maker Maxity Mall, the Tesla showroom attracted enthusiastic onlookers as the Model Y — partially covered but unmistakable — was displayed behind glass panels. The sleek Tesla logo in black against a minimalist white backdrop added to the store’s futuristic aesthetic.
Chief Minister Devendra Fadnavis Invites Tesla to Manufacture in Maharashtra
Maharashtra Chief Minister Devendra Fadnavis, who attended the inauguration, extended a warm welcome to Tesla and urged the company to explore manufacturing and R&D opportunities in India.
“We wish to see research and development and manufacturing being done in India. I am sure Tesla will think about it at an appropriate stage,” Fadnavis said.
He also pitched Maharashtra as an ideal partner, highlighting Mumbai’s strengths as a hub for entrepreneurship, innovation, and sustainability.
“Tesla is not just a car company—it represents design, innovation, and sustainability, which is why it is loved globally,” the CM added.
Tesla Model Y Pricing and Variants in India
Tesla’s first offering in India includes two variants of the Model Y SUV:
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Rear-Wheel Drive: ₹60.1 lakh (approx. $70,000)
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Long-Range All-Wheel Drive: ₹67.8 lakh (approx. $79,000)
These prices are significantly higher than in other major markets due to India’s high import duties:
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US: ₹38.6 lakh ($44,990)
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China: ₹30.5 lakh ($36,700)
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Germany: ₹46 lakh ($53,700)
Despite the premium pricing, Tesla is expected to focus on wealthy urban consumers in cities like Mumbai, Delhi, and Bengaluru, where the demand for luxury EVs is steadily rising.
Tesla’s Entry and India’s EV Ambitions
Tesla’s Indian debut comes at a time when the country is striving to electrify 30% of its vehicle fleet by 2030, up from just 4% today. The government is incentivizing foreign EV makers through tax breaks and policy support, aiming to accelerate adoption and reduce dependence on fossil fuels.
India’s existing EV market is currently led by homegrown players like Tata Motors and Mahindra, with Tesla’s entry expected to reshape the premium EV segment, currently populated by brands such as BMW and Mercedes-Benz.
For now, Tesla’s strategy appears to be retail-focused, with no immediate plans to manufacture in India, though industry experts believe future investments could hinge on policy clarity and sustained market response.
