The EV manufacturer has been wanting to sell its cars in India, but the government has not accepted its demand for lower duties, instead suggesting the company manufacture its cars in the fast-growing Indian market.
The Indian government has not planned a separate policy for Tesla s incentives. The company can apply for support under existing schemes like PLI for auto and advanced chemistry cells, says an official. Tesla s battery supplier, Panasonic, has been advised to apply under PLI ACC batteries. The government is re-bidding production-linked incentives for advanced chemistry cell manufacturing.
Panasonic is reportedly considering opening a battery manufacturing plant in India under the government s production-linked incentive (PLI) scheme for ACC battery storage. The move follows a high-level delegation from the Japanese company meeting senior members of the government earlier this month. It is believed that Panasonic would supply batteries to major Indian companies such as Mahindra & Mahindra, Tata Motors and the Volkswagen group.