Elon Musk will shortly be traveling to india to meet with prime minister Narendra Modi. Without providing a date, Musk himself said that on X. india reduced import duties on electric cars (EVs) last month for foreign automakers that pledged to invest $500 million (£399 million) and begin local manufacture in three years. tesla will make investments in india following the transfer. Elon Musk stated in 2021 that the company was not able to introduce its vehicles in the largest and fastest-growing economy in the world due to the hefty import taxes in India.
 
The meeting is probably going to take place before the end of this month, according to business Circles. The ambitions for tesla in india are still unclear. Details could become public following Musk and Modi's encounter. A few eager states have already begun making plans to draw Tesla. Before the election meeting, andhra pradesh Chief minister YS jagan Mohan reddy is going on a bus trip. He hasn't yet attended any review sessions for Tesla. The government of andhra pradesh issued a press release announcing that tesla has received an invitation to invest in the state.
 
With the bold slogan "Andhra Pradesh Ku tesla," a banner from the congress PARTY' target='_blank' title='ysr congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysr congress Social media was issued, giving the impression that the American Giant had decided to invest in the state. Similar to those deceptive ads with the tiny text "Conditions Fineprint" and "Flat 90% Off," the bottom of the posters states that tesla has been invited. At this point, it makes no sense to extend an invitation. Musk's proposals must first be made public. The relevant departments will then assess the investment's appropriateness or significance. They will have several meetings to present the business with some compelling offers.

These suggestions will include tax rebates, cheaper electricity and water rates, free or concessional land, and many other things. Such offers only make sense in an invitation. Right now, the congress PARTY' target='_blank' title='ysr congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysr congress is only running a public relations campaign.
 
 
 

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14/04/2024 08:13 AM