Tesla to Launch First Mumbai Showroom in BKC

03 Mar 2025 CW Team

Tesla, the US-based electric vehicle manufacturer, has taken a significant step towards its India launch by securing a lease for its first showroom in Mumbai’s Bandra Kurla Complex (BKC). The company has finalized a deal for a 4,000 sq ft space on the ground floor of a commercial tower in BKC, reportedly at one of the highest lease rates for a commercial property in the country. The monthly rent for the space is estimated at approximately Rs 3.5 million, with a lease agreement set for five years.

In addition to the Mumbai showroom, Tesla is also expected to establish a second showroom in Delhi’s Aerocity, further reinforcing its plans to enter the Indian market. The leasing agreement follows a recent meeting between Tesla’s CEO and India's Prime Minister in Washington, which was soon followed by multiple job listings for the company in India. These developments indicate a revival of Tesla’s long-standing plans to establish a presence in one of the world’s fastest-growing automobile markets.

Tesla’s expansion into India aligns with on-going discussions regarding trade policies and import duties. Currently, India imposes a 110 per cent duty on imported vehicles, which has been a point of concern for the company. Tesla has been advocating for lower import tariffs to make its vehicles more accessible to Indian consumers. In response to these concerns, the Indian government has drafted a new policy that could potentially ease entry for foreign electric vehicle manufacturers.

These strategic moves suggest that Tesla is preparing for a formal market entry in the coming months, coinciding with on-going negotiations around India-US trade agreements and potential regulatory adjustments.

News source: MSN

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane–Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..