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Декабрь
2023

Setback for Tesla: Govt says there's no proposal to provide subsidy on import duty on EVs into India

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Minister of State for Commerce and Industry Som Parkash said this while replying to a question whether it is a fact that the government has a proposal under consideration to exempt Tesla and other multinational car companies from local value addition of cost in heavy batteries, semiconductors and even magnetic parts and also subsidy on the import duty on the import of electric vehicles in India.



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