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Tesla's India entry expected by Q4FY26
Business Standard
|May 12, 2025
Satara also hosts automobile manufacturing facilities, including those of Cooper Corporation, a leading producer of engine components, engines, gensets, and tractors.
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"Satara, around 110 km from Pune, is where Tesla is planning to start assembling its cars. The company has secured large plots of land," the official said. The official, however, was unable to disclose the size of the land or logistics details.
Regarding the Indian partner for land acquisition, the official said: "Currently, Tesla is in talks with a low-profile yet highly accountable and credible Indian realtor. This has been a work in progress for a year."
"Tesla attempted to collaborate with Megha Engineering to purchase land, but the discussions did not succeed due to multiple conditions, such as not being allocated a larger share of the land," the official explained.
This story is from the May 12, 2025 edition of Business Standard.
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