Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
Democracy that banks on the electorate
access_time 28 March 2024 5:34 AM GMT
Lessons to learn from Moscow terror attack
access_time 27 March 2024 6:10 AM GMT
Gaza
access_time 26 March 2024 4:34 AM GMT
The poison is not in words, but inside
access_time 25 March 2024 5:42 AM GMT
A witchhunt, plain and simple
access_time 23 March 2024 9:35 AM GMT
DEEP READ
Schools breeding hatred
access_time 14 Sep 2023 10:37 AM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Ramadan: Its essence and lessons
access_time 13 March 2024 9:24 AM GMT
When ‘Jai Sree Ram’ becomes a death call
access_time 15 Feb 2024 9:54 AM GMT
exit_to_app
Homechevron_rightIndiachevron_rightMaharashtra minister...

Maharashtra minister invites Elon Musk to set up Tesla plant in state

text_fields
bookmark_border
Maharashtra minister invites Elon Musk to set up Tesla plant in state
cancel

After Telangana, Maharashtra has now rolled out the red carpet for American billionaire and electric car guru Elon Musk to set up a Tesla manufacturing plant in the state, just days after Musk confessed to running into hurdles related to beginning his business endeavours in India.

Maharashtra Water Resources Minister Jayant Patil, in a reply to Mr Musk's tweet, said, "Maharashtra is one of the most progressive states in India. We will provide you all the necessary help from Maharashtra for you to get established in India."

Musk said that he was facing several "challenges" with respect to the Indian government in setting up a plant in India although he did not specify the exact problems. However, Musk had tweeted last year, criticising India's import duties which he declared were some of "the highest in the world."

Import duties for electric cars - Tesla's main source of income - can go as high as 100% in India. Tesla has complained that high import duties on completely build units of foreign automobiles would restrict the sales of its vehicles as well as that of electric vehicles in general. High duties would also make it tougher to commit to an investment in India, the company has said.

Telangana has also extended an invitation for Musk to begin Tesla ventures there with minister KT Rama Rao saying that he and his government would be "happy to partner Tesla" in working through the challenges.

Even as Tesla is holding out for a cut in import duties, luxury carmaker Mercedes-Benz will start assembling the electric version of its flagship S-Class sedan, the EQS, in India later this year.

Other states like Gujarat and Tamil Nadu have also been open in their desires to have Tesla set up shop in their state.

Show Full Article
TAGS:TelanganaTeslaElon MuskIndiaTesla in India
Next Story