Union Transport Minister Nitin Gadkari (File photo)
Union Roads and Highways Minister Nitin Gadkari said on Friday that he has asked Elon Musk’s Tesla to manufacture electric cars in India. He said that the government will provide all necessary help for the manufacturing facility. Speaking at the India Today Conclave 2021, Gadkari said, “I have told Tesla not to sell electric cars manufactured in China in India. You should manufacture electric cars in our country and also export cars from India.”
The government may consider lowering import fees along with offering other concessions to Tesla, but for this the EV major will have to invest in setting up a manufacturing facility in the country. Currently, India levies 100% tax including insurance and shipping costs on imported cars valued above $40,000 (Rs 30 lakh) and 60 percent import tax on cars below $40,000.
Elon Musk recently said that he wants to launch the car in India but the country’s import fee on EV is by far the highest in the world. He posted on Twitter, “We want to do this, but the import fee (in India) is the highest in the world compared to any major country!
Tesla requests to reduce import duty
The EV company had requested the government to reduce the import tax on EVs from 100 per cent to 40 per cent. Tesla is also planning to set up its manufacturing unit in Karnataka after the electric carmaker found success with imported cars.
Union Minister Nitin Gadkari said that the government will offer whatever support Tesla wants to manufacture its electric cars in the country. The minister had recently said that Tesla has a golden opportunity to set up its manufacturing facility in India as the country is excited about e-vehicles. At present, the premium car market is about 7 percent of the total car market in India. Without the import fee waiver, Tesla will remain premium but not ultra-premium for the Indian market.
Indian automobile sector can be number one in the world
Gadkari also said that with the use of alternative fuel and technology, the Indian automobile sector can become number one in the world. He said that it is his dream to make the Indian automobile sector the leader of this segment in the world. The minister said, I am confident that within five years we are going to become number one in the world by using alternative fuel and technology.
Speaking on the issue of air pollution, Gadkari said, the most important problem of our country is related to pollution and economy. In this way, by using petrol and diesel, we are only going to spread air pollution in the country.
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