Tesla claimed it has procured components worth $100 million so far from India and said that figure would increase following any tax concessions. Photo: AFP
Tesla claimed it has procured components worth $100 million so far from India and said that figure would increase following any tax concessions. Photo: AFP

Business

India seeks Tesla sourcing and manufacturing plans before offering tax breaks

Government is considering slashing import duties on electric cars to as low as 40 per cent

Bloomberg

August 13, 2021