Center Govt May Limit Import Duty If Tesla Floats Manufacturing Units In India
It is only if Tesla decides to invest manufacturing facility in India, the Modi government may consider lowering import duties and offer other sops to the company. Previously, Tesla had asked the Indian government to reduce the import duty in electric vehicles as Tesla’s CEO, Elon Musk wishes to bring the latest electronic vehicle. Besides, the central government along with few state governments has been working for electric vehicles in India.