Tesla Car Soon in India: Elon Musk, the world’s richest businessman and owner of Tesla Inc., is considering starting operations in India soon. Tesla owner Elon Musk is going to meet Indian Commerce Minister Piyush Goyal next week, this meeting may take place in America.
Through this meeting, it will be ensured that efforts will be made to quickly approve Tesla’s operations in India. Indian Commerce Minister Piyush Goyal is going to America next week. Where he can meet Tesla owner Elon Musk.
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The South Asian market is a center of attraction for the world’s car manufacturers and Elon Musk wants to start selling Tesla cars in India as soon as possible. In June, Tesla’s boss met Indian Prime Minister Narendra Modi and said that he was ready to make big investments in India.
In this discussion between Elon Musk and Piyush Goyal, Tesla’s plan to start a factory in India can be considered in which a car worth $ 24,000 can be made.
Elon Musk is now ready to buy more and more components for Tesla cars from Indian companies and is also trying to set up charging infrastructure across the country. People associated with this matter have given this information. The new electric vehicle policy of the Government of India can also be discussed in this meeting.
The Indian government may allow the world’s electric car companies to import fully manufactured cars into India at a revised custom duty of 15 percent. At present, a 100 percent duty has to be paid on the import of fully manufactured electric cars in India. The Indian government is in a mood to provide relief to car manufacturers in this matter.
If they want to import and sell initially manufactured cars by promising local manufacturing then they may get relief. A person associated with this matter said that talks between India and Tesla are moving in the right direction and a decision can be taken soon. Elon Musk’s plan to start operations in India has been under discussion for several months.
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American car manufacturer Tesla is also ready to set up a factory in India, but due to high tax rate on import of fully electric vehicles, it has not been able to start the work yet. Last Monday, Prime Minister Narendra Modi’s office talked to officials of several ministries regarding the new electric vehicle policy.