News Post

India not to tailor policy for Tesla; EV maker as also other global players welcome in India: Goyal

Thehindubusinessline

· 3m
placeholder-image

India's Commerce and Industry Minister, Piyush Goyal, has stated that India will not cater its policies to suit Tesla but will instead focus on attracting all-electric vehicle manufacturers to set up a base in the country. Tesla has been seeking tariff concessions, but Goyal emphasized that the government will not make decisions based on specific demands from any one company. The government recognizes the need for a vibrant EV ecosystem and aims to encourage global manufacturers to invest in India. Goyal also highlighted the benefits of electric mobility for India, including reducing pollution and trade deficits, as well as saving foreign exchange.

5
View Source
No Comments yet

More Like this

Russian hackers which hit Microsoft also targeted other organisations

Russian hackers which hit Microsoft also targeted other organisations

AI will not only solve challenges for India but also for the world: Satya Nadella

AI will not only solve challenges for India but also for the world: Satya Nadella

Deals Digest: Momentum falls marginally this week; M&A volume also lacklustre

Deals Digest: Momentum falls marginally this week; M&A volume also lacklustre

AI makes hiding your kids' identity on the Internet more important than ever. But it's also harder to do

AI makes hiding your kids' identity on the Internet more important than ever. But it's also harder to do

KKR invests in healthcare solutions firm Infinx, Norwest Venture also makes top-up

KKR invests in healthcare solutions firm Infinx, Norwest Venture also makes top-up

Two weeks after CEO exit, Ola Cabs CFO Kartik Gupta also steps down

Two weeks after CEO exit, Ola Cabs CFO Kartik Gupta also steps down

Beyond snacks and sweets: Haldiram’s Foods now also sells premium chocolates

Beyond snacks and sweets: Haldiram’s Foods now also sells premium chocolates

SIP flows at record highs but SIP stoppage ratio also hits new high in May

SIP flows at record highs but SIP stoppage ratio also hits new high in May

'Not just Aai, Indian kids also saying 'AI' as their first word': PM tells Gates

'Not just Aai, Indian kids also saying 'AI' as their first word': PM tells Gates

AI Is Becoming More Powerful—but Also More Secretive

AI Is Becoming More Powerful—but Also More Secretive

Download the medial app to read full posts, comements and news.