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Tesla Eyes Indian Market As Government Nears Policy Shift On Import Duties

This story was first published on the Benzinga India portal. Tesla Inc (NASDAQ: TSLA) might soon establish its presence in India with the local government reportedly finalizing a policy that would offer Tesla reduced import duties for electric cars priced over INR 3 million (approximately $36,000). This concession, possibly lasting 2-3 years, is set to replace the initial plan of bank guarantees for Tesla’s proposed investment in an Indian electric vehicle factory, the Economic Times said in a r

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