If tesla, based in California, instals a battery car production unit in india, Union minister Nitin Gadkari has stated that the government will provide all required assistance.
He went on to say during the india Conclave 2021 conference:
Tata Motors' battery cars in india are far from poor. tesla, on the other hand, has a factory in china and exports to other countries. In exchange, I informed tesla that it could be produced in india and exported to other countries as well as India. However, the corporation continues to lobby for a lower import duty on battery automobiles.
I've also emphasised that the government stands ready to support you in any way you require. Negotiations with tesla executives on the tax exemption, on the other hand, are still underway. Even the Federal Ministry of Heavy industries warned tesla last month that instead of seeking a tax break, it should build a plant in india and start producing.
Currently, battery cars manufactured and imported from other countries are taxed at a rate ranging from 60% to 100%. When you include everything, including insurance and transportation, a car costs $ 40,000 (Rs. 30 lakhs). tesla stated it was taxing up to 110 per cent in a letter to the federal authorities, raising $ 40,000. It sought a single standard 40% tax on these entirely environmentally-friendly vehicles, as well as a 10% rebate on the overall health surcharge.
