Tesla Finalizes Mumbai Showroom in Maker Maxity

Tesla, led by Elon Musk, has finalized a showroom space in Mumbai’s Maker Maxity, located in the Bandra Kurla Complex (BKC). The showroom covers 3,000 sq ft, and the monthly rent is around ₹35 lakh. This is one of the most expensive showroom deals in India’s auto industry.

The Tesla showroom will be on the ground floor of Maker Maxity’s commercial tower and comes with a few parking spots. BKC is one of India’s most expensive commercial real estate areas, making this a strategic move for Tesla.

Tesla has also secured a 4,000 sq ft showroom in Delhi’s Aerocity, near Indira Gandhi International Airport (IGI). The monthly rent for this space is ₹25 lakh. The property is owned by Brookfield India Real Estate Trust, which acquired it from Bharti Enterprises Limited (BEL).

Tesla’s expansion in India follows a meeting between Elon Musk and Prime Minister Narendra Modi in 2023. Since late 2023, Tesla has been actively looking for showroom locations in India.

Tesla has also started hiring for 13 mid-level roles, including store and customer relationship managers, signaling that it is preparing for direct sales and customer engagement in India.

Tesla’s showrooms in Mumbai’s Maker Maxity and Delhi’s Aerocity mark an important step in its entry into India’s auto market. With India being the third-largest auto market, Tesla’s expansion is set to bring new opportunities for electric vehicles in the country.

Industry experts believe Tesla’s entry will accelerate the adoption of electric vehicles (EVs) in India by encouraging infrastructure development, such as charging stations, and increasing consumer awareness. The presence of Tesla is also expected to push domestic automakers to enhance their EV offerings.

With showrooms in key locations, Tesla is likely to attract a high-end customer base and set the stage for potential manufacturing investments in India. The company’s long-term strategy may include setting up a local production facility to reduce costs and make Tesla vehicles more accessible to Indian buyers.