Tesla Inc. and its chief executive, Elon Musk, are welcome in India, but the government will in no way compromise its policy on Aatmanirbhar Bharat, Union Heavy Industry Minister Mahendra Nat Pandey said on Saturday.
The American electric car maker, which is seeking to reduce import duties on the sale of its vehicles in India, will not produce its products locally unless it is first allowed to sell and service its cars in the country, Musk said last month. . “Tesla will not place a manufacturing plant in a place where we are not allowed to sell and service cars first,” the world’s richest man said in a tweet.
Addressing TV9’s global summit on Saturday, Pandi said: “The government, led by Prime Minister Narendra Modi, has moved quickly forward on Aatmanirbhar Bharat’s policy and received a very good response to it, and we will not compromise on that. in any way. “” Tesla, Elon Musk are welcome in India, but only according to the country’s policies. “
In August last year, Musk said Tesla could set up a manufacturing facility in India if it succeeded first with imported vehicles in the country.
India currently imposes a 100% import duty on fully imported CIF (Cost, Insurance and Freight) vehicles over $ 40,000 and 60% on those that cost less than the amount.