Business Business ,The Great Electric Vehicle Giant Tesla is fully prepared to formally enter the Indian market with the inauguration of its first Experience Center at the Bandra Kurla Complex in Mumbai next week.

The company, led by Allen Musk, has sent selected invitations, presenting the opening ceremony on July 15 as Tesla’s launch in India. According to industry experts, the Austin-based company has already sent the first set of cars from its China-based plant, obviously model Y rear-wheel drive SUV. Last month, Tesla India took a 24,565 sq ft warehousing space lease for a five -year period at Lodha Logistics Park in Mumbai. In June, Union Heavy Industries Minister HD Kumaraswamy said that the electric car manufacturer is not interested in the manufacture of cars in India, but is eager to set up a showroom in the country.

US President Donald Trump has said that if Tesla builds a factory in India to avoid India’s tariff, it would be “unfair” to the US. Tesla’s CEO and billionaire Alan Musk said in April last year that his visit to India has been postponed due to heavy obligations of the company. Electric car manufacturer was demanding an initial tariff concession to help it to make up to 100 percent customs duty on cars priced at 70 percent and above cars priced at less than US $ 40,000.

However, earlier this year, Commerce and Industry Minister Piyush Goyal had said that India would not make its policies favorable to Tesla, and its laws and tariff rules would be designed to attract all electric vehicle manufacturers around the world to attract their base in the world’s fastest growing economy. He said that the government understands the need for a vibrant EV ecosystem as the excessive use of batteries will reduce carbon emissions as well as oil import bills.

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