Tesla Expands India Presence with New Gurgaon Showroom

Tesla Inc., the electric vehicle (EV) giant led by Elon Musk, is ramping up its presence in India. The company has leased approximately 33,475 sq ft of space at Orchid Business Park on Sohna Road, Gurgaon, to establish its second showroom and service center in the country.
As per Economic times reports, Tesla signed a 9 year lease agreement, commencing on July 15, with a monthly rental of ₹40 lakh. A security deposit of ₹2.41 crore has also been paid upfront for the commercial space.
This expansion comes shortly after Tesla opened its first India showroom in Mumbai, where it leased space in the upscale Maker Maxity complex at ₹881 per sq ft.
Tesla’s Strategic Push into India
The move aligns with Tesla’s broader strategy to penetrate the Indian market one of the world’s fastest growing automotive hubs. The EV pioneer has been actively engaged in discussions with Indian government officials, scouting for showroom locations, and exploring manufacturing possibilities to set up local operations.
With rising demand for clean mobility and the Indian government’s EV-friendly policies, Tesla’s entry and expansion are seen as timely and strategic. The Gurgaon outlet will serve as both a retail showroom and a service facility, helping the company build a comprehensive support network for its customers.
Read More: NITI Aayog Proposes National EV Policy as India Must Quadruple Adoption to Meet 2030 Target.
Conclusion
Tesla's Gurgaon lease signals its serious intent to tap into India's growing EV market. With showrooms now in Mumbai and Gurgaon, and talks around local manufacturing ongoing, the company appears poised to accelerate its India journey in the months ahead.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 6, 2025, 9:12 AM IST

Neha Dubey
- Banks and Stock Markets (NSE & BSE) Remain Closed Today on Nov 8, 2026
- Is Stock Market (NSE and BSE) Open Today November 8, 2026?
- IFC and SBI Sign $150 Million Loan Agreement to Expand Agricultural Lending to Rural Women
- Diwali Muhurat Trading Nov 8, 2026: Are Banks and Stock Markets BSE and NSE Closed Today and Tomorrow?
- Diwali Muhurat Trading 2026 is Tomorrow: Timings, Participants, and Key Points to Remember




