Tesla won’t manufacture in India unless allowed to sell, service cars: Musk
[ad_1]
In a tweet responding to a user asking about Tesla setting up a manufacturing plant in India, he said, “Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars.”
@madhusudhanv96 @PPathole Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars
— Elon Musk (@elonmusk) 1653667548000
Last month, Union Road Transport and Highways Minister Nitin Gadkari had said if Tesla was ready to manufacture its electric vehicles in India then there was ‘no problem’ but the company must not import cars from China.
In August last year, Musk had said Tesla may set up a manufacturing unit in India if it first succeeds with imported vehicles in the country.
He had said Tesla wanted to launch its vehicles in India “but import duties are the highest in the world by far of any large country!”
Currently, India imposes 100 per cent import duty on fully imported cars with CIF (Cost, Insurance and Freight) value more than $40,000 and 60 per cent on those costing less than the amount.
Watch Will Tesla make in India? Elon Musk answers
[ad_2]
Source link