Tesla In India: EV Maker To Invest $2 Bn In Setting Factory, Eyes 15% Import Duty

2023 • 6min • News • Business


Published On: November 24, 2023 - Tesla is ready to invest $2 billion for a local factory in India if the government agrees for a concessional 15% import duty. According to media reports, the company will invest $500 mn if it is importing 12,000 cars; and will invest $2 billion if 30,000 imports are permitted. Join News9’s Shweta Kothari and Kartik Malhotra for more on this story.