- India,
- 19-Feb-2025 06:00 AM IST
Tesla In India: A big change is about to come in the electric vehicle (EV) industry in India. When Prime Minister Narendra Modi recently visited the US, there was a strong possibility that the way would be cleared for Tesla to come to India. After the meeting between PM Modi and Tesla CEO Elon Musk, it became clear that Tesla is going to enter the Indian market soon.Tesla's hiring process and showroom locationTesla has started the hiring process to strengthen its presence in India. Recently, the company advertised jobs for 13 positions on LinkedIn, including roles like back-end support, store manager and front office.Apart from this, Tesla has also decided the location to open its showrooms. According to reports, the company is going to open its stores in India, adopting the strategy of US smartphone giant Apple. In the initial phase, Tesla will set up its flagship showrooms in Mumbai and Delhi.Showroom location in Delhi and MumbaiTesla's first showroom in Delhi can open in Aerocity near Indira Gandhi International Airport. Aerocity is home to several large and luxury hotels, making it a perfect location to attract a premium customer segment.In Mumbai, the company plans to open its showroom at Bandra-Kurla Complex (BKC). The location is not only close to Mumbai Airport but is also one of the city's biggest business and retail hubs. The size of both showrooms is likely to be at least 5,000 square feet.India's new EV policy and Tesla's path easierElon Musk has been a vocal critic of India's import policy, especially the EV import duty. In view of his concerns, the Indian government made significant changes to its EV policy last year. Now foreign EV companies can import up to 8,000 units of vehicles every year by paying only 15% import duty, provided they set up a production plant in India within three years and invest a minimum of $500 million. Earlier, EV imports were charged duties ranging from 70% to 110%.Impact of Tesla's entry in IndiaTesla's arrival in India is expected to give tremendous impetus to the Indian EV market. It will also inspire other international EV manufacturers to invest in the Indian market. Moreover, local EV manufacturing will accelerate, which will not only create new jobs but will also boost India's sustainable development goals.ConclusionTesla's entry in India can revolutionize the country's automobile sector. It will not only provide better options to consumers but will also increase people's interest in electric vehicles. The new policy of the Indian government and Tesla's strategy indicate that the Indian EV market will see a huge change in the coming years.