Tesla Accelerates India Strategy with New Office Lease in Mumbai’s Kurla

Tesla India Takes On Lease 24,565 Sq Ft Warehousing Space In Mumbai

Tesla India has taken on lease 24,565 square feet warehousing space in Lodha Logistics Park in Mumbai at a starting monthly rent of Rs 37.53 lakh.

Tesla accelerates India strategy with new office lease in Mumbai’s Kurla

Tesla is expanding its presence in India, leasing a new 24,500 sq ft office space in Kurla West, Mumbai, to bolster its manufacturing and supply chain activities. This five-year lease, with a starting monthly rent of Rs 37.53 lakh, marks Tesla's fourth office in India, signaling a growing commitment to the Indian market following policy adjustments encouraging EV investment.

Flagship India EV Policy Is a ‘Non-Starter’ for Global Firms

India is rolling out a new flagship EV policy in order to attract international automakers. The policy offers to slash duty to 15 percent on any imported electric car priced from $35,000 (roughly Rs. 30 lakh) if the maker invests at least Rs. 4,150 crore, or about $500 million (roughly Rs. 4,150 crore), to set up a local plant within three years.