Tesla Leases Office Near BKC as India EV Launch Nears

30 Apr 2025 CW Team

Tesla Inc. has expanded its footprint in India by leasing a new office space near Mumbai’s Bandra-Kurla Complex (BKC), reinforcing its preparations for an electric vehicle (EV) launch in the country. The 30-seat office, situated at Phoenix Market City in Kurla—an established commercial hub close to BKC—represents a strategic operational milestone for the company.

The office, secured through Tesla’s Indian arm, Tesla India Motor & Energy, has been leased at Rs 300,000 per month for a period of one year, with a lock-in duration of three months. This arrangement offers Tesla the flexibility to scale up its presence based on evolving business requirements.

The new office will oversee early-stage functions, including regulatory engagement, vendor coordination, local talent recruitment, and backend support. These activities are seen as foundational steps ahead of Tesla’s anticipated EV debut in the Indian market.

This development follows Tesla's record-setting showroom lease in BKC at Rs 881 per square foot per month, which highlighted the company’s premium positioning and commitment to market entry.

Tesla’s earlier plans to enter India were delayed due to high import tariffs and inadequate EV infrastructure. However, following CEO Elon Musk’s 2024 meeting with Prime Minister Narendra Modi in the United States, India has emerged as a focal point in Tesla’s global expansion roadmap.

The establishment of this Mumbai-based office signals Tesla’s renewed commitment to the Indian market and sets the stage for a broader operational rollout in the coming months.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..