Centre tells Tesla to start production in India before any tax concessions can be considered: Sources
The Hindu
Union Minister Nitin Gadkari has earlier said Tesla has a golden opportunity to set up its manufacturing facility in India given the country's thrust on e-vehicles
The Heavy Industries ministry has asked U.S.-based electric car major Tesla to first start manufacturing its iconic before any tax concessions can be considered, government sources said. They said that the government is not giving such concessions to any auto firm and giving duty benefits to Tesla will not send a good signal to other companies that have invested billions of dollars in India. Tesla has demanded reduction in import duties on electric vehicles (EVs) in India.More Related News