Tesla: Tesla talks with govt for India drive - News Summed Up

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Tesla: Tesla talks with govt for India drive


The development comes months after Musk had tweeted about the high import duty and sourcing requirements. A questionnaire e-mailed to Tesla on Tuesday evening remained unanswered.s with transport minister Nitin Gadkari recently reading the riot act at a recent conference of the Siam, the auto industry lobby group, where he talked about having only electric cars on Indian roads by 2030. Already, several companies such as Maruti and Ford are planning forays into the segment.While the plan was to hit the Indian market this summer,, which can be waived for "high-technology goods", due to the absence of a vendor base. The government had responded by suggesting that the local sourcing requirement did not exist for locally manufactured goods.Although the provision to grant an exemption to "high-technology) goods has existed for nearly two years, none of the applicants, including Apple, have managed to get a waiver so far. In case of several components, Apple has told the government that they are under development, sources said.


Source: Times of India September 26, 2017 23:48 UTC



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