
Why isn't Tesla coming to India?
Finshots Daily
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The Import Duty Problem in India
India currently levies a 60 % tax when you import a car priced below forty thousand dollars. The government's position is that this move helps local car manufacturers. They believe that this will incentivize auto companies to make an dia. Even the most basic tesla model would cost upwards of 60 lak rupees, making it unaffordable for most indians. E v sales account for barely one per cent of total vehical sales in India right now.
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