Major Indian automotive producers Maruti Suzuki, Tata Motors and Mahindra are opposed to the idea of slashing import duties on automobiles.
The wunderkind of tech manufacturing, Elon Musk, wants India to lower import duty on his Tesla cars, so that these high-performance electric cars can begin to sell in India, the second-most populous country in the world and one of the fastest-growing economies in the medium term, and so a potentially attractive market for his company. Musk has been periodically tweeting, seeking a cut in import duty. On Thursday, he again tweeted. “Still working through a lot of challenges with the government", he wrote in a post giving an update to a query on Twitter. The remark immediately drew a sharp retort from New Delhi. News reports have quoted unnamed official government sources saying that Tesla is free to use the Production-Linked Incentive (PLI) window to produce electric vehicles in India. The businessman, these sources seem to suggest, seeks to pressure India into slashing import duties without offering any commitment to produce here.
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