Elon Musk-led Tesla to drive into India soon? Government firms up policy for concessional import duties

Tesla in India soon? Elon Musk-led US electric automaker Tesla is on the verge of entering the Indian market as the government is finalizing a policy to extend concessional import duties on electric cars exceeding Rs 30 lakh (about $36,000) for 2-3 years. India aims to boost employment and reduce prices of electric vehicles through local manufacturing.

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