But official sources in India say they are not satisfied with Tesla’s lobbying. The company has not yet shared any concrete plans to invest in the country. No such scheme has been mentioned, which is under the ‘Make in India’ vision of Prime Minister Narendra Modi. Promote manufacturing at local level and create employment opportunities. A person with direct knowledge of the matter on Tesla’s behalf said that talks with the Indian government have reached a “strange standoff”. The man said, ‘Things are not progressing.’ This source declined to reveal its identity.
The impasse could upset Tesla, as the company was hoping for a lower import tax to make its cars affordable and business viable. At present, India imposes up to 100% import tax on electric vehicles. Due to this, the landing cost of the car when imported into India, in addition to the price of the car, increases by Rs 30 lakh or more.
For this reason, Tesla cars in India will become the most expensive in the world and most of the customers will not be able to buy Tesla cars. According to sources, Tesla officials have said that they are also moving towards manufacturing, but the government wants a commitment from Tesla in this regard. A senior Indian government official said that ‘if they don’t want to invest anything here, then how will that model work’. Tesla did not comment on the matter.
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