Tesla India Showrooms Opening: Tesla, the world’s largest electric vehicle manufacturer, can start selling cars in India from April. However, the company will not set up a manufacturing unit here. It will bring cars made in the Gigafactory of Berlin-Brandenburg, Germany to India.
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Tesla India Showrooms Opening
According to the media report, the company is preparing to launch the most affordable EV car here. Its price can be 25 thousand dollars (21.71 lakh rupees). Information about which model this will be has not been given. But, according to India’s current import policy regarding EV cars, if Tesla sells cars, then Rs 21 lakh. The estimated price of this EV will be up to Rs 36 lakh.
Currently, 75% of basic customs duty is imposed on EV cars coming from outside. But, if companies sign an MoU with the Centre, custom duty on cars above $35,000 will be 15%. This discount will be available only if the company does not sell more than 8 thousand cars annually. The second condition, such companies will have to start manufacturing in India within 5 years. However, there is talk of changing these policies. It is expected that a new policy may come by the end of March.
Tesla India Showrooms Opening: Discussion on Launching Model 3 And Y Also
There is also talk that Tesla owner Elon Musk may also launch Model 3 and Model Y cars initially. But, the price of both models in the international market is more than 44 thousand dollars. It remains to be seen how Tesla adjusts the specifications of these cars for the Indian market.
The company has decided the space for the first two showrooms in India. Aerocity area in New Delhi. It is close to Indira Gandhi International Airport. At the same time, space has been seen in the Bandra Kurla Complex in Mumbai.
It is a major business hub near Chhatrapati Shivaji Maharaj International Airport. Will buy parts worth Rs 8 thousand crores. If sources are to be believed, Tesla can buy parts worth Rs 8 thousand crores from India this year instead of setting up a manufacturing unit.
Tesla Cars Can Come to India Via Gujarat
Tesla cars can be brought to India from Germany via Kandla or Mundra port in Gujarat. The necessary infrastructure for handling cars is present at both these ports. However, Mumbai port can also be an option for importing Tesla cars.
The Chairman of Mumbai Port Authority said On Tesla India Showrooms Opening
Regarding this, Sushil Kumar Singh, Chairman of Mumbai Port Authority and Kandla-based Pandit Deendayal Port Trust, said while talking to the media -There are two options for importing Tesla in India – Gujarat and Mumbai.
Gujarat’s ports are the best option for Tesla in terms of port connectivity with other states and faster transportation. We are prepared to handle this type of cargo. Prime Minister of India Modi wanted Tesla to start production in India, but Elon Musk currently wants cars in India to be imported from the plant in Berlin, Germany.
Tesla’s Challenges in India
There was talk about Tesla’s entry into India for many years, but it was not possible due to high import duties. However, the central government recently reduced the basic customs duty on luxury electric vehicles from 110% to 70%, paving the way for Tesla’s entry into India.
Tesla’s entry into India can mark the beginning of a new revolution in the field of electric vehicles, and due to its influence, other companies can also accelerate their plans.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗