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KT Rama Rao lays foundation stone for Daifuku Intralogistics India deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on India at LatestLY. Telangana Industries and Commerce Minister K T Rama Rao, along with Panchayat Raj Minister E Dayakar Rao on Saturday broke ground for 11 factories belonging to Youngone Corporation at Kakatiya Mega Textile Park, Warangal. India News | Minister Rama Rao Breaks Ground for Youngone Corporation s Facilities in Telangana. ....
India has turned down Elon Musk's request for tax breaks on Tesla's electric cars as it states that the rules allow bringing in partially-built vehicles. Musk has been seeking tax breaks from the Indian government for a while now.
Vivek Johri, chairman of the Central Board of Indirect Taxes and Customs, in an interview, said, "We looked at whether the duties need to be re-jigged, but some domestic production is happening and some investments have come in with the current tariff structure."
"So, it is clear that this is not a hindrance," he added. ....
Nowadays, Tesla CEO Elon Musk seems to be in high demand in India. The billionaire has been invited by some Indian states to come up with different kinds of units for its electric cars in their respective areas.
Till now, two states, namely, Maharashtra and Telangana, have made the offer.
On Sunday, Maharashtra Water Resources Minister Jayant Patil asked Musk to set up manufacturing in the state for its products. ....