menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Tesla bail...
source image

Teslarati

1M

read

365

img
dot

Image Credit: Teslarati

Tesla bails on crucial piece of India production, aims to rely on imports

  • Tesla decides to rely on imports rather than local production in India, which goes against the country's emphasis on local manufacturing for economic growth.
  • The automaker had hesitated to commit to local production in India, seen as vital for a stronger market presence in the country.
  • India's Heavy Industry Minister confirmed Tesla's strategy to not manufacture cars locally but establish a market presence through showrooms.
  • India is reducing import duties on vehicles to attract companies like Tesla, who face challenges due to high duties, aiming to boost electric vehicle sales in the country.

Read Full Article

like

22 Likes

For uninterrupted reading, download the app