After Telangana Commerce Minister K.T.Rama Rao, Maharashtra’s Water Resource Minister Jayant Patil also invites Elon Musk for partnership with Tesla. He took to his Twitter and said ,” .@elonmusk, Maharashtra is one of the most progressive states in India. We will provide you all the necessary help from Maharashtra for you to get established in India. We invite you to establish your manufacturing plant in Maharashtra.”
.@elonmusk, Maharashtra is one of the most progressive states in India. We will provide you all the necessary help from Maharashtra for you to get established in India. We invite you to establish your manufacturing plant in Maharashtra. https://t.co/w8sSZTpUpb
— Jayant Patil- जयंत पाटील (@Jayant_R_Patil) January 16, 2022
Elon Musk was asked by a Twitter user when the car would be launched in India, however Musk stated in a tweet that he was facing some government regulations.
Elon Musk announced in 2020 that Tesla would set up manufacturing units for electric powered vehicles in India. A Tesla subsidiary association named India Motors and Energy Private Limited has been set up. The company is based out of Bengaluru.
Tesla desires to begin selling imported motors in India this year, however taxes in the country are amongst the highest in the world.
With a $39,990 global charge tag, Tesla Model three might also continue to be as an less costly model in the US however with import duties, it would emerge as unaffordable in the Indian market with an predicted rate tag of round Rs 60 lakh.
Currently, India levies a hundred per cent tax on the imported automobiles of rate greater than $40,000 (Rs 30 lakh) inclusive of insurance plan and delivery expenses, and vehicles much less than $40,000 are difficulty to 60 per cent import tax.
