Tesla Plans Entry Into India’s Energy Storage Market

After beginning the sales of its electric cars in India last year, Elon Musk-led Tesla is now foraying into India’s industrial energy storage market.

According to Tesla’s official website, it is hiring a business development lead for energy – solar and storage in India. 

“We are seeking a seasoned business development lead to shape Tesla’s entry into India for utility-scale energy storage. This role will be responsible for developing go-to-market strategies, navigating regulatory landscapes, and securing key deals,” the company said in the job description.

The development was first reported by Reuters. Inc42 has reached out to Tesla for comments on the development. The story will be updated on receiving a response.

Tesla will compete with the likes of Tata Power, Adani Group, Reliance Industries, and more in the Indian industrial energy storage market.

Tesla’s global energy portfolio comprises two products currently – Megapack (utility-scale batteries) and Powerwall (residential batteries).

Powerwall is a home battery system that works alongside the solar setup, storing excess energy. Meanwhile, Megapack is a large-scale battery system which delivers clean energy at a massive scale.

With the rapid expansion of solar energy installations in India, demand for energy storage in the country is expected to grow sharply. Tesla is looking to tap into this opportunity.

The development comes months after Tesla entered the Indian market in July with the launch of its mid-sized SUV, Tesla Model Y. The company introduced two variants – Model Y RWD (rear-wheel drive) priced at ₹59.89 Lakh and Model Y Long Range RWD priced at ₹67.89 Lakh. The company also set up two experience centres in Mumbai and Delhi. 

However, it has seen muted sales in India. It reportedly sold just over 100 cars in India and received orders for 600 EVs between July and November 2025. 

Amid all these, in November last year, the EV giant appointed Sharad Agarwal, the former head of Lamborghini India, to lead its India operations as country head. Prior to the appointment, Tesla relied on a small team in India reporting remotely to executives in China and other Asian hubs. 

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