Section

Should Tata, Mahindra, and other Indian automakers worry about Tesla & co.

By Economic Times - 4 months ago
M&M and Tata Motors had in the past advised govt not to lower import duty on electric vehicles and protect domestic firms and their foreign investors. However, DPIIT Secretary Singh said the balanced EV policy's aim to boost the Indian electric vehicles market with import duty concessions for global players like Tesla, ensuring stringent norms and limited imports to benefit domestic manufacturers.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.