The company aims to expand the auto business abroad in a phased manner, riding on the domestic success of vehicles like the Thar, XUV700 and Scorpion, MD Anish Shah has said
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