India refuses to ‘tailor policies’ to suit Tesla ...News

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High import duties have dissuaded the EV maker from launching production in the country New Delhi will not change the rules for Elon Musk’s Tesla so it can make its long-awaited foray into the Indian market and will instead formulate its policies to attract several global “potential investors,” Commerce and Industry Minister Piyush Goyal told news agency PTI in a recent interview. Tesla is asking for tariff concessions to offset the customs duty for cars it imports to the country, according to media reports. At present, factoring in cost, insurance, and freight, imported cars valued over $40,000 incur a 100% custo

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