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.

Real Estate

29 May 2026

Senior Living Shifts Beyond Retirement Housing

Senior living in India is increasingly being positioned as a lifestyle-driven housing segment rather than conventional retirement accommodation. Across projects in Bengaluru, Pune and the NCR, developers are focusing on wellness ecosystems, assisted independence and active ageing, reflecting changing perceptions of later life among urban affluent buyers.The shift is being driven by financially secure seniors seeking socially engaged and professionally managed communities instead of ageing in large family homes. Developers are also moving away from standalone retirement campuses, particularly i..

Antica Ceramica Launches Heritage-Inspired Terracotta Tiles

Antica Ceramica has launched a new terracotta tile collection inspired by India’s architectural heritage and designed for contemporary interiors and exteriors. The range combines handcrafted aesthetics with modern functionality, bringing warmth, texture and cultural character to residential and hospitality spaces.Drawing inspiration from traditional courtyards, verandahs and heritage homes, the collection features terracotta tones, handcrafted motifs and customisable patterns aimed at transforming flooring and surfaces into design elements. The launch reflects growing demand for natural mate..

TIL Reports FY26 Recovery, Expands Into Clean Energy

TIL has reported its Q4FY26 and full-year FY26 financial results, highlighting recovery in machine sales, operational improvement in the second half of the year and expansion into the clean energy segment through acquisition.The company reported FY26 revenue of Rs 3.37 billion, marginally lower than Rs 3.43 billion in FY25. Operational income rose to Rs 3.23 billion from Rs 3.15 billion a year earlier. EBITDA stood at Rs 184.6 million against Rs 402.4 million in FY25, while profit before tax was reported at a loss of Rs 407.3 million compared to a profit of Rs 41.9 million in the previous year..