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No proposal for duty sops on import of electric vehicles: Government
The government stated that it is not considering any proposal to provide duty concessions and exemption from local value addition for the import of electric vehicles (EVs) into India. Minister of State for Commerce and Industry, Som Parkash, clarified that there is no proposal to exempt Tesla and other multinational car companies from local value addition costs or provide subsidy on import duty for EVs. Additionally, the government has implemented measures to attract domestic and foreign investments to enhance local value addition under the Make in India initiative.
The government stated that it is not considering any proposal to provide duty concessions and exemption from local value addition for the import of electric vehicles (EVs) into India. Minister of State for Commerce and Industry, Som Parkash, clarified that there is no proposal to exempt Tesla and other multinational car companies from local value addition costs or provide subsidy on import duty for EVs. Additionally, the government has implemented measures to attract domestic and foreign investments to enhance local value addition under the Make in India initiative. 
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