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Elon Musk-led Tesla Set To Open Its First Indian Showroom In Mumbai Next Month
- Tesla is set to open its first showroom in Mumbai next month, followed by another showroom in New Delhi.
- The EV automaker has imported supercharger components, car accessories, spare parts, and merchandise from the USA, China, and the Netherlands.
- Tesla's first shipment of Model Y rear-wheel drive SUVs has arrived in India from China, incurring significant import duties.
- The Model Y is expected to be sold for over Rs 48.5 lakh, subject to Tesla's pricing strategy.
- Tesla has increased hiring in India and plans to offer more car models to the country.
- The company is also looking into leasing warehouse space in Karnataka and expanding its existing warehouse in Gurugram.
- Tesla aims to attract a high-end crowd in Mumbai and New Delhi with its showrooms located in affluent areas.
- After facing hurdles with high tariffs and local manufacturing requirements, Tesla is finally entering the Indian market.
- Despite its showroom plans, Tesla is not looking to manufacture vehicles in India at the moment.
- Union Minister of Heavy Industries HD Kumaraswamy confirmed Tesla's lack of interest in manufacturing in India.
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