No tax waivers for Tesla, announces India amid discussions on EV factory setup

  • Elon Musk hinted at ‘significant investment’ in India upon encouragement from Prime Minister Narendra Modi.
  • Previous discussions with Indian government included requests for customs duty waivers for Tesla EV imports, which India rejected.
  • The Department of Revenue is not currently considering any duty waiver for Tesla, states official Malhotra.
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