New Delhi: Tesla is now coming slowly into the Indian market and by this, the Indian automaker isn’t afraid of Musk’s Tesla in the Indian market and now Elon Musk has the plan to open a new showroom in Mumbai and they have plans to set up one more showroom in Maharashtra business district Bandra Kurla Complex (BKC) because much of the tech companies have done there step in Bandra Kurla Complex and like Apple this Tesla will also sustain in the sector for much time and why the Indian automakers are not afraid with the Elon Musk’s Tesla manufacturing in Indian market.
Elon Musk’s electric car automaker Tesla is now stepping into the Indian market by opening its new showroom in Mumbai at the business district Bandra Kurla Complex to sell its imported cars in the Indian market and now Musk is planning to set up a new showroom in Maharashtra. The world has long been seen as a heavyweight that disrupts India’s nascent electric vehicle (NEV) market and the Indian automakers are not afraid of the Tesla imported cars business in the Indian market.
JSW Group Chairman Sajjan Jindal debuted Musk’s market strategy in the Indian market that Musk’s ability to crack the Indian market, asserting the local giants Tata Motors and Mahindra and Mahindra are now deeply entrenched. JSW Grup has a JV with China’s SAIC Motor, JSW MG Motor India Pvt. Ltd, which sells EVs such as MG Comet EV, and now JSW Group is planning to launch this EV car in the Indian market for better competition in the market but the Indian automaker is not afraid to move by this they have no problem with Musk’s plan to set up in Indian market.
JSW Group Chairman Sajjan Jindal said Elon Musk is not here he is in the US and in the shadow of Donald Trump he can give much competition to Mahindra and Tata Motors but he cannot do what Mahindra and Tata did in such years in the Indian market. He did amazing work, so I don’t want to take anything from him. But to be successful in India is not an easy job. This is said by the JSW Group Chairman Sajjan Jindal for Elon Musk but if we see the Elon Musk strategy in such years in the US for Tesla he can have much success in business and if he enters India for the imported cars in Indian roads for the most spread their business. Unless Musk invests heavily in local manufacturing and then brings prices drastically down and competes with low-priced models from local rivals, his Tesla may not be able to disrupt the Indian market.
If we discuss the CLSA report, then in this report Elon Musk’s global market firm, might despite the hype surrounding Tesla’s potential presence in India, pricing constraints, import duties, and consumer preferences limit the company’s influence on the domestic auto industry and if we see the pricing of the base model is much premium for those Indian market for to buy the cars in the Indian market but the Elon Musk’s Tesla is targeting the rich Indian people and if they do much good review hen they will target the much of people in the imported cars in the Indian market with their showroom and the Delhi has already started the jobs in Delhi for their showroom.
CLSA also downplayed the potential impact of Tesla’s rumored $25,000 EV, which is expected to be its most affordable offering globally. The firm argues that even at this price point the model would still face stiff competition from Indian automakers. Local brands such as Maruti, Tata, and Mahindra have a significant advantage in terms of pricing, manufacturing, and supply chain localization, allowing them to produce electric SUVs at sub-Rs 40lakh price points. Let’s see what would it happen if Elon Musk entered properly in Indian market with their Tesla models in India.
