The government is working tirelessly to promote electric vehicles in India. At the same time, the government is also emphasizing that EVs should be manufactured in the country itself.
Union Minister Nitin Gadkari on Tuesday said the government does not mind if US-based Tesla is ready to manufacture its electric vehicles in India, but the company should not import cars from China.
Speaking at the Raisina Dialogue, Gadkari said India is a huge market and has a huge potential for all-electric vehicles.
Addressing journalists at Raisina Dialogue, Union Minister Nitin Gadkari said that if Elon Musk is ready to manufacture in India then there is no problem…Come to India, start manufacturing, India is a big market, which he wants to buy from India. can export.
The Road Transport and Highways Minister said that his request to Musk is to come and manufacture in India, but if he wants to manufacture in China and sell in India, it may not be a good proposition for India.
Last year, the Ministry of Heavy Industry also asked Tesla to start manufacturing its iconic electric vehicles in India before considering any tax concessions. Let us tell you, at present, cars imported as Completely Built Units (CBUs) of Tesley will be charged 60 per cent depending on the engine size and cost, insurance and freight (CIF) value of less than or more than USD 40,000. -100 percent customs duty levied.
Tesla is desperate to import and sell its electric vehicles in India. The company lobbied officials in New Delhi for nearly a year to cut tariffs, which the company’s billionaire CEO Elon Musk says are among the highest in the world.
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