Elon Musk, who recently bought Twitter for $ 44 billion, will have to produce his own Tesla cars in India instead of China if he wants to sell them nationally, according to Transport and Highways Minister Nitin Gadkari.
During ‘Raisina Dialogue 2022,’ Gadkari also pointed out that Musk would not receive special treatment when it came to tax, saying that if Musk wanted to produce in China and sell Tesla cars in India, “it would not be a good gift to India.”
“We have asked him to come to India to produce here.” We have no problems. Because vendors are available and we offer a variety of technologies, Musk will be able to reduce costs.
“India is a huge market with many opportunities for trade. Musk noted that” Tesla cars can be exported from India. “
Gadkari had earlier said in February that Musk should first produce in India before putting Tesla cars on the road.
“Currently, he (Musk) is focusing on making a Tesla car in China and selling it in India.” So, if you’d like to start here, fine. “However, production in China and sales in India is not a concept any of us can understand,” he added.
Asked about Tesla’s desire to reduce the tax on electric vehicles, Gadkari said the country could not accept a single automaker.
“India is a huge market,” the businessman said. All car manufacturers in the world are represented here, including BMW, Volvo, Mercedes-Benz, Toyota, Honda, and Hyundai. If we give one company a profit, we should also give that profit to other companies. “That’s a real problem,” he said.
Musk had previously stated that the government was preventing the company from exporting its products to India. “Tesla is not in India at the moment because of” government challenges, “he wrote.
Tesla’s business plans to seek tax compensation to sell his products in India but refuse to build production facilities in the country, which could generate thousands of jobs, were questioned by the government.
