Tesla Leases Rs 25 Crore Service Centre in Mumbai
Tesla India Motor and Energy Private Ltd has leased a 24,500-square-foot space in Mumbai’s Kurla West to set up a service centre, marking a significant step in its plans to enter the Indian electric vehicle (EV) market.
TeslaElectric VehiclesMumbaiEv MarketReal EstateReal Estate MumbaiJun 03, 2025
According to real estate documents sourced by CRE Matrix, a property data analytics firm, Tesla has signed a lease and license agreement with Bellissimo in City FC Mumbai I Private to rent the space in Lodha Logistics Park. The agreement is for a five-year period, with a starting monthly rent of Rs 37.53 lakh. Over the duration of the lease, Tesla will pay nearly Rs 25 crore in total, including a security deposit of Rs 2.25 crore, as per the documents.
Tesla has made it clear that its current interest lies only in selling its vehicles in India, not in manufacturing them at the moment. “They are not interested in manufacturing in India,” Union Heavy Industries Minister H.D. Kumaraswamy said on Monday. He added that Tesla is planning to open showrooms in India purely for sales.
The minister was speaking at a press conference announcing that India’s flagship EV policy is now open for global carmakers who wish to manufacture and sell EVs in the country. Major players such as Germany’s Mercedes-Benz and Volkswagen, along with South Korea’s Hyundai Motor, have already shown interest. All three companies currently have manufacturing operations in India. Hyundai has announced its plans to make India its global hub for EVs.
Volkswagen India, meanwhile, is closely watching how the EV policy unfolds and is carefully evaluating its implications before taking further steps. The government has notified guidelines for its forward-looking scheme to enable fresh investments from global manufacturers in the electric cars segment and promote India as a global manufacturing hub for e-vehicles.
Frequently Asked Questions
Where has Tesla leased the service centre in Mumbai?
Tesla has leased a 24,500-square-foot space in Kurla West, Mumbai, to set up a service centre.
What is the total cost of the lease agreement for Tesla's service centre in Mumbai?
The total cost of the lease agreement for Tesla's service centre in Mumbai is nearly Rs 25 crore, including a security deposit of Rs 2.25 crore.
Does Tesla plan to manufacture vehicles in India?
Currently, Tesla does not plan to manufacture vehicles in India and is focusing only on selling its vehicles in the country.
What is the Indian government's stance on global carmakers manufacturing and selling EVs in India?
The Indian government has opened its flagship EV policy to global carmakers, allowing them to manufacture and sell electric vehicles in the country.
Which other global carmakers are interested in the Indian EV market?
Other global carmakers interested in the Indian EV market include Mercedes-Benz, Volkswagen, and Hyundai Motor.
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