Tesla, Elon Musk welcome to India but only as per govt policies: Minister
PTI, Jun 19, 2022, 8:30 AM IST
Elon Musk and Tesla are welcome to India but the government will not compromise in any way on the policy of Aatmanirbhar Bharat or self-reliant India, Union minister Mahendra Nath Pandey said on Saturday.
American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to first sell and service its cars in the country, company founder and chief executive Elon Musk had said last month.
“Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars,” Musk had said in a tweet responding to a user asking about Tesla’s plans to set up a manufacturing plant in India.
Addressing The Global Summit by TV9 on Saturday, the Minister for Heavy Industries and Public Enterprises said: “The government under the leadership of Prime Minister Modi has moved ahead swiftly on the Aatmanirbhar Bharat policy and received a very good response on it and we are not going to compromise on that in any way.
“Tesla, Elon Musk are welcome to India but only according to the country’s policies,” he added.
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.
Currently, India imposes 100 per cent import duty on fully imported cars with CIF (Cost, Insurance and Freight) value more than USD 40,000 and 60 per cent on those costing less than the amount.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Priyanka Chopra Jonas’ production ‘Women of My Billion’ to debut on Prime Video in May
AAP Introduces Stirring Lok Sabha Campaign Anthem: ‘Jail Ke Jawab Mein Hum Vote Denge’
EC Seeks BJP’s Response on Allegation of Model Code Violation by PM Modi
Lok Sabha elections 2024: EC takes cognisance of MCC violation by Modi, Rahul; seeks response by April 29
Lok Sabha polls 2024: Sunita Kejriwal likely to join AAP’s campaign in Delhi, will hold roadshows this weekend
MUST WATCH
Latest Additions
Priyanka Chopra Jonas’ production ‘Women of My Billion’ to debut on Prime Video in May
AAP Introduces Stirring Lok Sabha Campaign Anthem: ‘Jail Ke Jawab Mein Hum Vote Denge’
EC Seeks BJP’s Response on Allegation of Model Code Violation by PM Modi
Kollegela MLA A.R. Krishnamurthy escapes unhurt in car mishap
Lok Sabha elections 2024: EC takes cognisance of MCC violation by Modi, Rahul; seeks response by April 29