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Tesla stops short of committing to India plant in renewed talks

2 years ago Auto economictimes
While the automaker will eventually look to establish a domestic factory to tap India’s vast consumer market, it hasn’t yet presented a formal plan, the people said, asking not to be identified because the matter is private. The executives reiterated their concern about India’s high tariffs on imported cars during this week’s meeting, but the government doesn’t plan to change its tax regime to accommodate one automaker, one of the people said. Read more at: economictimes

Tags : Tesla elon musk China import duty tax regime tesla plant ev maker

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