Tesla's India Drive: Model Y SUV leads charge as first showroom opens in Mumbai

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After years of anticipation, Elon Musk's Tesla is set to enter the Indian market with the inauguration of its first showroom in Mumbai's Bandra-Kurla complex on Tuesday. The electric vehicle manufacturer's first offering for the country will be the Model Y SUV, which will initially be sold as a completely built import. This significant development follows a meeting between Prime Minister Modi and Elon Musk and a subsequent reduction in basic custom duties on high-end imported cars from 110% to 70%. The move comes as Tesla grapples with declining sales in key markets like China and looks towards the world's third-largest car market for growth. India's electric vehicle market, while still developing, is experiencing a rise in urban interest and is supported by government incentives.

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