Tesla officially enters the Indian market with a launch event in Mumbai

 Tesla officially enters the Indian market with a launch event in Mumbai

Tesla officially enters the Indian market with a launch event in Mumbai

July 11 (Reuters) -tesla is ready to start a long -awaited start in India with the opening of its first showroom in Mumbai next week, marking an important milestone in the global expansion of the manufacturer of electric vehicles (EV). The July 15 launch event will unveil the "Tesla Experience Centre" at Bandra Kurla Complex (BKC), one of the Prime Business Hub in Mumbai.


          The company has already imported vehicles, chargers and other traders to the value of around $ 1 million into the country, despite the concerns raised by CEO Elone Musk on India's standing import dollar. These fees, about 70%, apply to imported vehicles-a-barrier Tesla has chosen to navigate when it enters the world's third largest car market.


          Customs data from January to June indicate that Tesla has brought many top-back models Y vehicles, including five standard variants, priced at $ 32,500 each and $ 46,000 in a long-distance version. Many super chargers and goods were also imported, mainly from China and the United States.


          Tesla's decision comes in the midst of global sales and a decrease in additional capacity in production facilities, leading to a strategic change to selling imported units in India.


          Over the years, the government of India, led by Prime Minister Narendra Modi, has tried to attract Tesla for local construction. A special EV policy was also prepared to encourage such investments. However, Elon Musk planned to visit India last year - where an investment of $ 2 to $ 3 billion was expected - it was canceled at the last minute. So far, Tesla has made no intention of establishing local production.


Especially US President Donald Trump first criticized Tesla's idea, as for setting up a facility in India to completely avoid US tariffs, and called it "unfair" in the United States.


          In preparation for the launch, Tesla has hired many of the 30+ roles announced in India earlier this year. The new price includes store manager, service personnel and sales personnel. The company continues to search for supply chain engineers and vehicle operators to support its ambitious plans, especially within the framework of autonomous driving technology.


          Tesla's visit to India can start with anticipation later, but with the Mumbai showroom launch, it is now officially on the map.


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