Tesla can get big gifts before starting a business in India, government plans to reduce import tariffs on EVS

Tesla, one of the greater electric vehicles (EV) companies, is preparing to start a business in India. The central government is working on a new policy to promote EV production in the country. In March of last year, the government reduced custom duty to 15 percent on EV imports with special conditions.

A media Report According to the new EV policy, car makers for car makers may need to increase the turnover by Rs 2 crore in the second year. With this, the government may further reduce the import duty. Last year, a minimum of Rs 4,150 crore was required to start production in the principles introduced. Production was started within three years. The new EV policy can be announced in the mid -march. Applications for this may be approved within the next few months.

Billionaire Elon led the musk Tesla Imports in India can primarily rely on the gigafactory in Berlin, Germany. After that, the company will start production in the country. Last week, Prime Minister Narendra Modi also held a meeting with Kasturi during a US visit. According to a recent Bloomberg report, Tesla plans to sell electric cars in Delhi, Mumbai and Bengaluru. However, it is not known which Tesla models will be brought to the country. The company has factories in the United States, China and Germany. As part of a trade agreement in the United States, the import of electric vehicles in India can be reduced. This may include an increase of 8,000 vehicles in about 50,000 units in low tariffs.

Tesla is the big market for America and China. However, the company is getting a tough competition from Chinese EV maker Bid. Recently, this American company in India also sought appeal from candidates for some work. These include ads and related work related to customer service. Tesla wants an application for Delhi and Mumbai work. For the past few years, there have been some discussions between the central government and Tesla.