Posted on 04/29/2022 11:20:34 AM PDT by SeekAndFind
Indian Transportation Minister Nitin Gadkari said on Tuesday that Elon Musk’s Tesla Inc. is welcome to manufacture or sell electric cars in India, provided the company does not import vehicles built in China.
“Making in China and selling here is not a good proposition,” Gadkari warned, without going into details about what measures his government would take if Tesla decided to test that proposition.
"If Elon Musk is ready to manufacture in India, then there is no problem,” he said. “Come to India, start manufacturing. India is a large market. They can export from India.”
The Times of India noted the administration of Prime Minister Narendra Modi informed Tesla last year that it must manufacture cars in India to obtain long-desired tax concessions.
India charges very high tariffs, as high as 110 percent, on fully-built cars imported from other countries, a practice the U.S. government has criticized as a “prohibitive” barrier to electric vehicle makers, who would prefer to use imported vehicles assembled at expensive existing facilities in other countries to test the Indian market before making huge investments in local manufacturing.
Several Indian states have been vying to host Tesla plants, but Musk cited India’s incredibly high tariffs as an obstacle to investment, saying they would make his products “unaffordable” to Indian customers. Tesla incorporated an Indian branch last year and has obtained regulatory approval to sell a number of its car models in early 2022, but has been hesitant to proceed with Indian expansion as long as the tariffs are in place.
(Excerpt) Read more at breitbart.com ...
Good for India.
They’re smarter than we are - they don’t help their enemy grow stronger. We’ve been doing exactly that since Nixon went to China.
It’s not that they’re smarter. They just hate the chicoms who have always been a bad neighbor..
So an Indian Department Minister puts India and Indians first.
Sounds like he's doing his job, to me.
interesting.......
MIGA
Hmmm
Top 20 Largest Motor Vehicle Manufacturers of India
http://www.walkthroughindia.com/industry/top-20-largest-motor-vehicle-manufacturers-of-india/#:~:text=Top%2020%20Largest%20Motor%20Vehicle%20Manufacturers%20of%20India,...%2010%20Ashok%20Leyland.%20...%20More%20items...%20
Hyundai is near the top. Honda and Ford too. So for Tesla to make EVs in India is not far fetched.
India may be the real reason that China doesn’t attack Taiwan. A war with Taiwan would devastate the PLA and leave lots of opportunity for India. There is absolutely no love lost between the two. India can easily shut off China’s oil imports as well.
Sounds like MIGA.
MIGA
Thank you INDIA!
I increasingly see auto parts that used to come from China sourced from India, Indonesia, and Vietnam.
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