Officials are in talks with Elon Musk’s carmaker to set up a plant in the country
India is considering a request from Tesla to lower tariffs for imported electric vehicles, according to Indian government officials, as Elon Musk’s company explores setting up a plant in the country.
Tesla has asked New Delhi for an initial tariff concession that would allow it to offset India’s steep customs duty of 70 per cent for cars worth less than $40,000, and 100 per cent for cars worth $40,000 or more, according to two officials with knowledge of the matter.
Read more on https://www.ft.com/content/cb0ab12b-e4ee-4bcc-8c33-f156af5772b0
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