ENA Sectors 2023-11-09 12:33:39 <p><span style="font-size:14px"><strong>New Delhi, Nov 9 (KNN)</strong> Amid progressing talks between Tesla and India, Union Commerce Minister Piyush Goyal will meet Tesla chief Elon Musk in the United States next week, reported Reuters. </span></p> <p><span style="font-size:14px">This meeting between Union Minister Goyal and American billionaire Musk will be the most high-profile one since the Tesla boss met Indian Prime Minister Narendra Modi in June.</span></p> <p><span style="font-size:14px">Later he expressed his interest to make significant investments in the country.</span></p> <p><span style="font-size:14px">Discussions between the two will centre around Tesla's plans to setup an Indian factory, manufacturing a USD 24,000 car there, sourcing more components and establishing charging infrastructure across the nation, one of the two sources told Reuters.</span></p> <p><span style="font-size:14px">A discussion is also likely on a new policy India is working on which will allow automakers to import fully built EVs into India at a reduced tax rate of 15 per cent, down from as much as 100 per cent now, if they commit to some local manufacturing.</span></p> <p><span style="font-size:14px">This meeting is to ensure that talks between India and Tesla are moving in the right direction, the person added.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35448 https://knnindia.co.in/news/newsdetails/sectors/commerce-min-piyush-goyal-to-meet-elon-musk-to-discuss-teslas-market-entry 2023-11-09 12:33:39 knnindia.co.in