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Tesla India to foray into energy storage

Financial Express Pune

|

March 21, 2026

TESLA IS PREPARING to enter India's industrial energy storage market, according to a job ad on its website, pitting it against companies controlled by Mukesh Ambani and Gautam Adani as they deepen investment in the sector with the grid shifting to cleaner power.

- ADITI SHAH

The new business will also mark Tesla's expansion in India beyond just electric cars, which it started selling in August.

The company already operates a Megapack business in the US and other markets, supplying large-scale energy storage systems for industrial and utility users.

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