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Tesla Not Interested In Manufacturing In India: Union Minister HD Kumaraswamy

  • Tesla, led by Elon Musk, is not interested in manufacturing in India according to Union Minister HD Kumaraswamy.
  • They are looking to start operations through showrooms rather than setting up manufacturing facilities.
  • The government aims to attract companies like Mercedes Benz, Hyundai, Kia, and Volkswagen for manufacturing in India under the 'Scheme to Promote Manufacturing of Electric Passenger Cars'.
  • The scheme allows global manufacturers to import electric four-wheelers at a reduced customs duty of 15% if they commit to invest INR 4,150 Cr in India.

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