NEW DELHI, Nov 26 (Reuters) - U.S. electric-vehicle

maker Tesla expects Indian consumers to recoup about

one-third of the Model Y's 6 million rupee ($67,220) price tag

in fuel and maintenance savings over the next 4 to 5 years, the

company's India General Manager Sharad Agarwal said on

Wednesday.

Tesla entered India in July and priced its Model Y about 70%

higher than the cost of the car in the United States due to high

taxes.

India has 100% import tariffs on cars, which the firm's

chief Elon Musk has called among the steepest in the world.

Indian customers can save around 2 million rupees while

buying a Model Y in terms of maintenance and petrol costs,

Agarwal said at an event in Gurugram city, neighbouring Delhi.

"Plus it has a high resale value. The cost of home

charging is one tenth of petrol prices," he added.

($1 = 89.2575 Indian rupees)