Tesla Planning Assembly Unit In India [REPORT]

07-Oct-2015 #MakeInIndia Source: Value Walk

After a recent visit by Indian PM Narendra Modi to Tesla’s factory in US and impressed with PM Modi’s “Make in India” concept, Tesla is planning to set up an assembly unit in India for its Tesla Model 3, which is currently assembled in Netherlands and sold in the European market. The firm is currently in talks with Indian authorities to rationalize the import duty imposed on the electric cars, and seeks to develop a separate category for the electric vehicles.

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