Tesla opens first India showroom in Mumbai's BKC, launches Model Y at ₹59.9 lakh
Tesla marks its India debut with a Mumbai BKC showroom, retailing the Model Y at ₹59.9 lakh with a 575 km range. The launch lands alongside cooling retail inflation at 2.10% in June, Paytm shares reclaiming ₹1,000, and Jio BlackRock's ₹17,800 crore market debut.
Tesla opens its first India showroom in Mumbai's BKC launching the Model Y at ₹59.9 lakh. India retail inflation eased to 2.10%, Paytm shares reclaimed ₹1,000, and Jio BlackRock debuted raising ₹17,800 crore.
Why this matters
Tesla's Mumbai BKC opening follows its Hyderabad Experience Centre and Model Y ownership push (₹6L down, ₹39,990 EMI), plus lobbying Delhi to ease EV incentive price caps—signaling an aggressive India retail expansion.
Store-opening activity holding steady with 358 signals over the past 90 days.