Tesla Plans Entry Into India's Energy Storage Market, Reuters Reports

Tesla is preparing to enter India's industrial energy storage market, Reuters has reported, citing a job advertisement posted on the electric vehicle maker's official website.

According to Reuters, the company is seeking to hire a business development lead based in India, with responsibility for developing and executing a market expansion strategy for industrial energy storage solutions. The position, Reuters notes, is focused on shaping Tesla's entry into the utility-scale energy storage segment in the country.

The move, as reported by Reuters, would represent Tesla's first significant expansion in India beyond passenger electric vehicles, which the company only began selling in the country in August last year. Tesla's Megapack product line — which provides large-scale energy storage systems to industrial and utility operators — is already commercially active in the United States and several other international markets.

Reuters notes that a successful entry into India would position Tesla in direct competition with domestic industrial heavyweights. Reliance, controlled by Mukesh Ambani, and the Adani Group, led by Gautam Adani, both have stated ambitions in the country's energy storage sector.

India has set a national target of 500 gigawatts of non-fossil fuel energy capacity by 2030, Reuters reports, compared with more than 262 GW at the end of 2025. Achieving that target will require significant investment in storage infrastructure to manage energy supply during off-peak hours, stabilise the national grid and support the country's broader carbon reduction goals. The Indian government is providing fiscal incentives to encourage such investment and is developing a national roadmap to help companies meet its targets.

Tesla did not respond to a request for comment, Reuters reported.