ENA Sectors 2023-05-18 16:47:45 <p><span style="font-size:14px"><strong>New Delhi, May 18 (KNN)</strong> Tesla Inc on Wednesday proposed the Indian government for setting up of EV factory in India to manufacture cars for domestic sale and export, reported Reuters.</span></p> <p><span style="font-size:14px">A source with direct knowledge of the matter told Reuters about this development.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">Last year the central government had refused to agree to Tesla's request to lower the import tax on cars, which can reach as much as 100 per cent.</span></p> <p><span style="font-size:14px">India wanted the carmaker to build vehicles locally but Tesla wanted to test the market first with imports and the talks ended in deadlock.</span></p> <p><span style="font-size:14px">In its latest proposal Tesla however did not discuss lower import taxes with Indian officials.</span></p> <p><span style="font-size:14px">Senior Tesla executives are in India this week to meet the government to discuss local sourcing of parts and other issues, Reuters reported on Tuesday. <em><strong>(KNN Bureau)</strong></em></span></p> 33383 https://knnindia.co.in/news/newsdetails/sectors/tesla-pitches-for-new-ev-plant-in-india-for-domestic-sales-and-exports 2023-05-18 16:47:45 knnindia.co.in