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Why expand ? At all ?

Vision of
Tesla

Expansion
Why India?

Cheap labour
R&D hub
No more engines
Labour Cost

USA

Europe

India

0 5 10 15 20
USD per hour
Luxury car market in India
Others
Others
Cumulative value 2%
2%
41000 units sold Tesla
JLR 8%
16% JLR
Mercedes
Mercedes 14%
29%
31%
Audi
22% Audi
20% BMW
BMW 27%
29%

Projections for 2022


New Delhi (NCR)

Mumbai

Bengaluru
Electric Vehicles subsidy
FAME-India Scheme
Govt Subsidy
Scarcity of fuel in India
Less excise duty
The National Electric Mobility Mission
Plan 2020
Distribution Channels

412 Mahindra dealers across


India.

Building premium stores.


Upgradation of Mahindra
workshops.

Setup super charging stations.


Solar Power Plant

Susten by Mahindra.

Solar
plant over Kurnool-Kadapa
Canal.

Choices for multiple locations.

Govt support and subsidy.


Questions, Comments & Suggestions
Conclusion

Growing EV market in India.

Subsidies from Govt.

Cheap Labour.

Abundance of solar energy.

Strategic location in South-East Asia.

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