Indian Government Asserts Tesla to Avail Incentives Under Existing Policies, Denies Special Treatment

  • Tesla is only to apply for incentives under the existing schemes such as Production-Linked Incentive (PLI) for auto and advanced chemistry cells, according to an Indian government official.
  • Despite Tesla’s demands for reduced import duties on electric vehicles in India, the government urges the company to establish a manufacturing plant within the country.
  • Tesla, whose representatives recently met several ministries’ officials and Prime Minister Narendra Modi, is expected to settle in India by 2024, according to CEO Elon Musk.
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