Modi govt asks Elon Musk Tesla not to sell China made cars in India to appreciate tata motors electric cars – Business News India

Electric car maker Tesla’s Made in China car will not enter India. According to Union Minister Nitin Gadkari, instructions have also been given to Tesla in this regard.

What did the Indian government say: Addressing the ‘India Today Conclave 2021’, Union Minister Nitin Gadkari said, “I have told Tesla not to sell electric cars in India that are made in China. You should build electric cars in India and from India.” Cars should also be exported.” Gadkari further said, “Whatever support you (Tesla) want will be provided by our government.”

Along with this, Nitin Gadkari has also supported electric cars manufactured by Tata Motors. He said that electric cars manufactured by Tata Motors are no less good than Tesla vehicles.

Ongoing talk on tax relief: Let us tell you that Tesla is preparing to enter India’s auto industry through its electric car. Earlier, Tesla CEO Elon Musk had demanded the Indian government to reduce import duties. Elon Musk had said that the import duty in India is very high. In this regard, Road Transport and Highways Minister Nitin Gadkari said that he is still in talks with Tesla officials regarding the demand related to tax concessions.

Tesla’s road to India will be easy! Government considering Elon Musk’s demand

Currently, India imposes an import duty of 100 per cent with CIF (Cost, Insurance and Freight) on a fully imported car valued above $40,000. Import duty on cars costing less than this is levied at the rate of 60 per cent. Most cars sold in the country cost less than $20,000. In this also the sales of electric vehicles in India are marginal. Let us tell you here that India is the fifth largest car market in the world with annual sales of around 3 million vehicles.