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News18
4 days ago
- Automotive
- News18
Is India Ready For Tesla? First Showroom Opens Today In Mumbai's BKC
Last Updated: The Tesla Model Y is a mid-size electric SUV available in Long Range RWD and Long Range AWD variants. After years of speculation, Tesla is all set to open its first showroom in India on Tuesday, 15 July. The American electric vehicle giant will launch an experience centre at the Bandra Kurla Complex in Mumbai. This marks the beginning of Tesla's journey in the world's third-largest car market, as the company looks to expand beyond its traditional strongholds and counter slowing global sales. Tesla Model Y: All You Need To Know To begin with, Tesla will be offering just one model in India — the popular Tesla Model Y. Six units of the Model Y SUV have been shipped from Tesla's Shanghai factory and will be used for display and demonstration. As per Carwale, the Tesla Model 3 might also be showcased, though there is no official confirmation regarding its sale yet. The Model Y is a mid-size electric SUV known for its sleek design and powerful performance. It comes in Long Range RWD and Long Range AWD (Dual Motor) variants. The EV can go from 0 to 100 km/h in just 4.6 seconds and offers a range of up to 574 km, making it one of the most practical electric SUVs in its class. How Much Will It Cost? According to Reuters, Tesla's imports into India between January and June were worth nearly $1 million, including vehicles, chargers, and accessories. The imported Model Y units were priced at $32,500 to $46,000. However, India's hefty 70 percent import tariff on fully built EVs could push the Model Y's price to nearly $56,000 (Rs 46-47 Lakh) — making it a luxury choice, accessible only to a select few. What's Next for Tesla in India? While the current launch is limited, Tesla's entry into the world's third-largest car market hints at bigger plans. As the EV ecosystem in India continues to grow, local production or assembly could follow in the future, bringing prices down and options up. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hindustan Times
07-07-2025
- Automotive
- Hindustan Times
₹1 crore can get you a Mercedes in India — or a Golden Visa and a Merc in Dubai
Indians now have a way to obtain the United Arab Emirates' Golden Visa without investing crores in property or trade. Through the nomination-based route, Indians can now enjoy the UAE's Golden Visa for life by paying a fee of AED 1,00,000 (INR around 23.30 lakh). This is in contrast to the earlier policy which required Indians to invest at least AED 2 million ( ₹4.66 crore) in property, or invest a large amount in business in the country to get a Golden Visa. Indians compare the cost of buying a Mercedes E-Class in India vs Dubai (Representational image generated using AI) Over 5,000 Indians will apply for this nomination-based visa in three months, beneficiaries and people involved in the process have told PTI. The reduced cost has been cause for celebrations among Indians who are keen to obtain a Golden Visa for UAE. Among the celebratory messages on social media, one user also pointed out how Indians can buy a car worth ₹1 crore in India – or go to Dubai on a Golden Visa and buy the same car over there, all for the same amount. Buying a Mercedes sedan in India vs Dubai X user Abhinav Kukreja noted how a Mercedes E Class costs roughly ₹1 crore in India. The same car costs significantly less when bought in Dubai. According to Carwale, the Mercedes-Benz E-Class price for the base variant starts at Rs. 81.50 lakh (ex-showroom) in India. In Delhi, the on-road price is ₹95 lakh. Meanwhile, the same car costs AED 321,900 ( ₹75 lakh) in Dubai. So theoretically, an Indian with ₹1 crore to spare could buy a Mercedes E-Class in India. Or they could spend ₹23 lakh on a Golden Visa and fly to Dubai to buy a Mercedes E-Class for ₹75 lakh. This point raised by Kukreja has sparked a lively discussion on X. 'Dubai government realises middle class Indians issues more than the Indian government… expect some businesspeople and remote working professionals to move there to save taxes and get better quality of life,' wrote X user Hrishikesh Shinde. 'I like this maths and comparison - well done! Drives the point home beautifully,' another X user added. 'Wow. For real ? Dubai golden visa is now less than 25 lac ? There will be a stampede to get it,' a person wrote.
