Electric car maker Tesla will soon launch this car in India. Earlier, Tesla CEO Elon Musk has urged the Government of India to reduce import tariffs. However, the opinion of Indian businessmen on this demand by Elon Musk is divided. Ola founder Bhavesh Agarwal did not accept Elon Musk’s demand. At the same time, Vijay Shekhar Sharma, founder of PayTM, has stated that I am waiting for Tesla. I like that we all have factories in India!
As Bhavesh Agarwal said: In fact, Ola founder Bhavesh Aggarwal responded to a tweet by Hyundai MD SS Kim in a statement. According to the statement, Hyundai’s MD also supported Elon Musk’s demand. Responding to this, Bhavesh Aggarwal said, “(Hyundai and Tesla) are not completely agreeable. Let us build local production capacity and attract global OEMs to produce in India and not just import. We will not be the first country to do this. In a statement by Bhavesh Agarwal, Patim’s Vijay Shekhar Sharma also responded.
Elon Musk demanded: Elon Musk has said that the current import duty in India is one of the highest in the world. He hoped there would be a temporary tariff on electric vehicles. In addition, Musk told me that if Tesla succeeds in importing vehicles in India, then it could consider setting up a manufacturing plant.
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Let us tell you that Union Minister Nitin Gadkari has advised Tesla to set up a manufacturing plant in India. Currently, India imposes 100 per cent import duty on CIF (cost, insurance and freight) on a fully imported car valued at over 40 40,000. Import duty on a lower-priced car is 60 per cent.