
Tesla Enters India With Model Y at ₹59.89 Lakh, Double US Price Due to Import Duties
- by The Hindu BusinessLine
- Jul 18, 2025
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Tesla officially enters the Indian market with the Model Y priced between â¹59.89-67.89 lakh, more than double its US and China pricing due to Indiaâs steep import duties on luxury EVs. While the company sets up charging infrastructure in Mumbai and Delhi, experts question Teslaâs pricing strategy and emphasize the need for local manufacturing to achieve mass market penetration. Commerce Minister Piyush Goyalâs firm stance on tariff policies and President Trumpâs concerns about Indian manufacturing add complexity to Teslaâs expansion plans. Despite pricing challenges, Teslaâs entry could revitalize Indiaâs premium EV segment as the company seeks new growth opportunities amid slowing sales in Europe and China.
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