Business News
Home > Business News
If Tesla joins 'Make in India', govt will lower import duty, offer sops
TIWN
TIWN
PHOTO : TIWN
New Delhi, July 29 (TIWN) Government may consider lowering import duty along with offering other sops to Tesla, but for that, the electric vehicle major would have to invest in setting up manufacturing facility in the country.
The official, however, made it clear that any decision on the matter or extension of sops will apply to the entire sector and not just a particular company.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals