Tesla Expands in India with New Office Lease in Mumbai's Kurla
Tesla has leased a new office in Mumbai's Kurla, marking a significant step in the company's expansion and commitment to the Indian market. The lease, for 24,500 square feet at the Lodha Industrial and Logistics Park, signals Tesla's growing interest in establishing a local ecosystem for future manufacturing and supply chain activities.
TeslaElectric VehiclesIndiaMumbaiReal EstateReal Estate MumbaiJun 03, 2025
This new location is Tesla’s fourth office in India, joining its engineering facility in Pune, a registered office in Bengaluru, and a 30-seat office near Mumbai’s Bandra Kurla Complex (BKC), which it had secured on a one-year lease. The recent lease is the second office deal Tesla has finalized within two months, signaling its increasing focus on preparing its operations in India.
Tesla India Motor & Energy, the company’s Indian subsidiary, has signed a five-year lease for 24,500 square feet at the Lodha Industrial and Logistics Park in Kurla, developed by Macrotech Developers. Registered in May, the agreement features a starting monthly rent of Rs 37.53 lakh, amounting to over Rs 24 crore over the full lease term. The lease period began on April 20 and includes a rent-free period of one month and ten days, with rental payments scheduled to start on June 1.
The rent is set to increase by 5% annually, while Common Area Maintenance (CAM) charges are fixed at Rs 10 per square foot, also escalating by 5% at the start of each financial year. This new lease follows Tesla’s securing of its first showroom in BKC, a key milestone in its anticipated launch in India’s expanding electric vehicle market. That leasing deal had set a national record with rentals of Rs 881 per square foot per month.
Tesla’s recent activity highlights its intensified approach to the Indian market since February, following Prime Minister Narendra Modi’s meeting with Tesla CEO Elon Musk during Modi’s visit to the US. Previously, Tesla had voiced concerns about high import duties in India. The company’s India entry has generated considerable anticipation, especially after recent policy adjustments by the Indian government aimed at encouraging international electric vehicle manufacturers to invest and establish local production facilities.
While Tesla has not yet confirmed the location of its factory in India, steps like this new lease suggest that the company is quietly laying the groundwork for its future operations. The Indian government’s efforts to attract foreign investment in the electric vehicle sector are clearly paying off, and Tesla’s expansion in the country is a significant indicator of the market’s potential.
Frequently Asked Questions
Why is Tesla expanding in India?
Tesla is expanding in India to develop a local ecosystem for future manufacturing and supply chain activities, taking advantage of the growing electric vehicle market and favorable government policies.
Where is Tesla's new office in Mumbai located?
Tesla's new office in Mumbai is located in Kurla West, specifically at the Lodha Industrial and Logistics Park.
What is the size and lease term of Tesla's new office in Kurla?
The new office is 24,500 square feet and is leased for a five-year term, with a starting monthly rent of Rs 37.53 lakh.
How does this expansion fit into Tesla's overall strategy in India?
This expansion is part of Tesla's broader strategy to establish a strong presence in India, including setting up manufacturing facilities and supply chains to support the growing demand for electric vehicles.
What recent policy changes have encouraged Tesla's investment in India?
Recent policy changes by the Indian government, such as adjustments to import duties and incentives for electric vehicle manufacturers, have encouraged Tesla to invest and expand its operations in India.
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