Monday, December 15, 2025 | 01:44 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tesla's India plans dealt blow as minister rules out import duties cut

Tesla is seeking to make inroads into India, where electric vehicles account for less than 1% of annual car sales.

Elon musk
premium

Tesla CEO Elon Musk.

Ragini Saxena | Bloomberg
India said it has no plans to cut import duties on electric vehicles, weeks after Tesla Inc. appealed to the government to slash taxes, and its billionaire chief Elon Musk floated the possibility of a local factory once it starts selling wholly-built units from overseas in the world’s second-most populous nation.

“No such proposal is under consideration in Ministry of Heavy Industries,” junior minister Krishan Pal Gurjar told parliament on Monday, referring to the ministry in charge of making policies for the auto industry. He added that the government is however taking steps to promote the use of electric cars by