Government is making full preparations to bring Tesla to India, all approvals may be received by January 2024

Tesla in India: Efforts to enter the world's leading electric car brand Tesla in India have intensified. The government is trying to remove all the obstacles soon. All efforts are being made to bring Elon Musk's company Tesla into the country. Government departments are working to give all the necessary approvals by January 2024. According to the Economic Times, the Prime Minister's Office held a meeting with senior officials on Monday to review the next phase of electric vehicle (EV) manufacturing in the country, including Tesla's investment proposal.

Meeting has taken place between PM Modi and Musk

According to the news, a senior official said that although the agenda of the meeting was focused on general policy matters, there was talk of speedy approval of Tesla's proposed investment in the country by January 2024. There was a meeting between Prime Minister Narendra Modi and Tesla chief Elon Musk in America during his state visit last June. After this meeting, the ministries of commerce and industry, heavy industries and electronics and IT are in discussion about the plans of the electric car manufacturer.

Tesla shows interest in bringing supply chain ecosystem

Let us tell you, India has invited US President Joe Biden to be the chief guest for the Republic Day celebrations on January 26. Top executives of car company Tesla have discussed the government's plan to setup car and battery manufacturing facilities in India. Tesla has shown interest in bringing its supply chain ecosystem to India.

Import duty is a big issue

Let us tell you, Tesla had earlier demanded to impose 40 percent import duty on fully assembled electric cars, whereas the current rate is 60% on vehicles priced below $40,000 and 100% on vehicles priced above. % Is.