Why Tesla CEO Elon Musk apologised to Indian minister Piyush Goyal
Tesla had asked for a tax concession as a condition for constructing a plant in India
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Tesla had asked for a tax concession as a condition for constructing a plant in India
Union Commerce Minister Piyush Goyal on Tuesday said that he visited Tesla's state-of-the-art manufacturing facility in Fremont, California, at a time when the centre is reportedly considering a request from Elon Musk-run electric car company to lower tariffs for imported EVs.
India News: Union Commerce and Industry Minister Piyush Goyal attended ministerial-level talks on 'Clean Economy and Fair Economy' at the Indo-Pacific Economic Fr
Policy & Industry News: Tesla has reportedly approached the Indian government seeking initial tax concessions on customs duties for electric vehicles (EVs).
Get latest articles and stories on Business at LatestLY. As per a release from his Ministry of Commerce and Industry on Friday, Goyal will also interact with eminent businesspeople, prominent academics, US officials and industry leaders during the visit to further strengthen the economic and commercial relations partnership between the two nations. Business News | Piyush Goyal to Visit US Next Week for Indo-Pacific Economic Framework, Asia-Pacific Economic Cooperation Engagements.