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Tesla (TSLA) has officially entered the Indian market with the launch of its Model Y electric SUV, priced at around ₹6 million ($69,751), according to a price catalog published on its website.

Tesla has made its long-awaited debut in India, where it will sell its electric SUV, the Model Y, starting at $69,770, a significant markup from other major markets, its website showed Tuesday.

With Tesla’s initial models arriving as fully imported CBUs, the Model Y—if launched—could be priced between ₹75 lakh and ₹90 lakh (ex-showroom).

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Tesla has unveiled the refreshed Model Y for the U.S. market, with the first "Launch Series" trim set to arrive in March. Become an AutoGuide insider. Get the latest from the automotive world ...