Elon Musk puts a condition for manufacturing Tesla cars in India
Elon Musk has once again reiterated his position on setting up a manufacturing plant in India
Electric car maker Tesla'sfounder and chief executive Elon Musk has once again reiterated his position on setting up a manufacturing plant in India.
Replying to a post on Twitter, the Tesla CEO said," Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars."
Last month, Union road transport and highways minister Nitin Gadkari said that if the US-based EV maker Tesla manufactures its electric vehicles in India then the company will also get benefits.
"Agar Tesla India me electric car manufacture karega toh unka bhi fayda hoga (If Tesla manufactures its electric vehicles in India then they will also get benefits)," he said.
Earlier on April 26, Gadkari had said, if Tesla is ready to manufacture its EVs in India then there is 'no problem', but the company must not import cars from China.
Last year, the heavy industries ministry had also asked Tesla to first start manufacturing its iconic electric vehicles in India before any tax concessions can be considered.
At present, cars imported as Completely Built Units (CBUs) attract customs duty ranging from 60-100 per cent, depending on engine size and Cost, Insurance and Freight (CIF) value less or above $40,000.
- 28 Jan 2021 8:54 AM GMT
- 26 Feb 2022 5:25 AM GMT
- 8 April 2021 5:41 AM GMT
- 18 Dec 2021 1:22 PM GMT
- 26 Aug 2020 3:27 AM GMT