Tesla, Elon Musk welcome in India but only as per government policies: Heavy Industries Minister

“Tesla will not set up a manufacturing facility in any location where we have not previously been allowed to sell and service cars,” Musk said in a tweet.

“Tesla will not set up a manufacturing facility in any location where we have not previously been allowed to sell and service cars,” Musk said in a tweet.

Union Minister Mahendra Nath Pandey said on Saturday that Elon Musk and Tesla are welcome in India but the government will not compromise in any way with the policy of self-reliant India or self-reliant India.

US electric car maker Tesla, which is seeking a reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to sell and service its cars in the country. Not granted, the company’s founder and chief executive Elon Musk said. last month.

“Tesla will not set up a manufacturing plant in any location where we haven’t previously been allowed to sell and service cars,” Musk said in a tweet asking about Tesla’s plans to set up a manufacturing plant in India. But one user replied.

Addressing the Global Summit by TV9 on Saturday, the Minister of Heavy Industries and Public Enterprises said: “The Government under the leadership of Prime Minister Modi has moved fast on the Atmanirbhar Bharat policy and has received a very good response and we are not on that. Going to compromise either way.”

“Tesla, Elon Musk are welcome in India but only according to the country’s policies,” he said.

In August last year, Mr Musk had said that if Tesla is the first to succeed with imported vehicles in the country it may set up a manufacturing unit in India.

Currently, India imposes 60% import duty on fully imported cars with a CIF (Cost, Insurance and Freight) value of more than $40,000 and on cars costing less than the amount.