Telangana Industries Minister KT Rama Rao has invited Tesla chief Elon Musk to set up shop in the state
Hyderabad:
A day after Tesla chief Elon Musk tweeted that the electric car major is facing several challenges with the Union government mulling to launch its products in India, Telangana’s Industries Minister KT Rama Rao took a swipe at US-based automakers. Asked the manufacturer to set up shop. Southern states.
“Hey Elon, I am the Minister of Industry and Commerce of the State of Telangana in India Would be delighted to partner with Tesla in working through the challenges of setting up shop in India/Telangana Our state is a champion in sustainability initiatives and one of the best in India. Top business destination,” Mr Rama Rao tweeted on Friday.
Last year, Tesla had sought a reduction in import duty on electric vehicles (EVs) in India.
The Ministry of Heavy Industries had asked the electric car company to start manufacturing its iconic electric vehicles in India before considering any tax concessions.
Central government sources had noted that they were not offering such concessions to any auto firm, and that giving duty benefits to Tesla would not bode well for other companies that have invested billions of dollars in India.
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