India, April 28 -- Elon Musk-led Tesla is bolstering its presence in India by leasing office space near Mumbai's Bandra-Kurla Complex (BKC).

An ET report said that the global EV maker has leased a 30 seater space in the co-working hub of Phoenix Market City at a monthly rent of INR 3 Lakh.

A source close to the development told the publication that the new working space will help the company to support its local hiring efforts, regulatory coordination, vendor meetings and other backend processes in India.

As per the website, the company is hiring for about 30 positions in India in various functions.

The report further said that the company has signed a one year agreement with a three month lock-in period in a deal with coworking space...