Tesla News: The departmental official said, ‘We have told Tesla that the policies that are already in place for everyone can also apply under them. He is welcome. Generally, the policies are the same for all. The government cannot make a separate policy for a company.
Elon Musk Tesla India Factory:
The central government has no plans to bring any separate policy to encourage American electric car maker Tesla. A government official gave this information. The official said that Tesla may apply for support measures under the Production Linked Incentive (PLI) scheme for vehicles or advanced chemistry cells.
The central government has already introduced a PLI scheme for Advanced Chemistry Cell (ACC) battery storage with an outlay of Rs 18100 crore. Apart from this, a PLI scheme of Rs 26058 crore has been brought for the vehicle, vehicle parts, and drone industry.
What Government Has Said:
The departmental official said, ‘We have told Tesla that the policies which are already there for everyone, can also apply under them. He is welcome. Generally, the policies are the same for all. The government cannot make a different policy for a company. So there is no plan to treat them specially. ‘They have said that they want to make batteries. We have suggested they apply under PLI ACC Battery.
Tesla representatives visited:
The government last week called for fresh bids under the PLI scheme for manufacturing 20 gigawatt-hour (GWh) advanced chemistry cells. Tesla representatives visited the country last month to meet officials from various ministries, including the commerce and industry. America’s electric car manufacturer demanded a cut in import duty on electric vehicles in India in 2021.
Currently, cars imported as a Complete Built Unit (CBU) attract a customs duty of 60 to 100% depending on the engine size and Cost, Insurance, and Freight (CIF) value. Elon Musk, head of the world’s largest electric car company Tesla Inc, met Prime Minister Narendra Modi in New York last month. After meeting the Prime Minister, Musk said that he plans to visit India in 2024.