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In blow to Tesla, India says not planning to cut EV import tax

India Business News: India's government has stated that it is not considering reducing taxes on imported electric vehicles, a move that could potentially delay Tesla's ent

United statesNarendra modiSom parkashElon muskPiyush goyalMinistry of commerceTesla incBloomberg newsPrime minister narendra modiTesla chief executive officer elon muskSouth asianTrade minister piyush goyalBusiness newsTax on imported electric vehiclesIndian governmentImport duty on electric vehicles

Indian carmakers up in arms against duty cuts on high-end EVs for Tesla & co

Indian automakers, including Tata Motors and Mahindra & Mahindra, voice concerns over potential import duty cuts for luxury electric vehicles like Tesla. The government explores options, considering a temporary reduction. Industry players fear adverse effects on existing investments and market positions.

New delhiMaruti suzukiSociety of indian automobile manufacturersVolkswagen groupTata motorsProduction linked incentiveIndian automobile manufacturersImport duty on electric vehiclesTesla duty cutIndia tesla subsidyTata motors ev pliIndia ev policy

Tata Motors: Indian carmakers up in arms against duty cuts on high-end EVs for Tesla & co, ET Auto

Indian automakers, including Tata Motors and Mahindra & Mahindra, voice concerns over potential import duty cuts for luxury electric vehicles like Tesla. The government explores options, considering a temporary reduction. Industry players fear adverse effects on existing investments and market positions.

New delhiMaruti suzukiSociety of indian automobile manufacturersTata motorsVolkswagen groupProduction linked incentiveIndian automobile manufacturersImport duty on electric vehiclesTesla duty cutIndia tesla subsidyTata motors ev pliIndia ev policyMaruti suzukiSociety of indian automobile manufacturers

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