India considers slashing import tax, following Tesla proposal, if EV makers built locally: Report https://ift.tt/7ngALMe

The policy that the India government is mulling, sees the import tax reduced to as low as 15% as opposed to the current 100% for cars that cost above ₹33 lakhs and 70% for the rest.

from mint - politics https://ift.tt/ujXic3m