Union Commerce Minister Piyush Goyal on Tuesday stated that he visited Tesla’s state-of-the-art manufacturing facility in Fremont, California, at a time when the centre is reportedly contemplating a request from Elon Musk-run electrical automotive firm to decrease tariffs for imported electrical autos (EVs).
Goyal posted on X that it was “extraordinarily delighted to see proficient Indian engineers and finance professionals working at senior positions and contributing to Tesla’s outstanding journey to remodel mobility”.
Visited @Tesla’s state-of-the-art manufacturing facility at Fremont, California.
Extraordinarily delighted to see proficient Indian engineers & finance professionals working at Senior positions and contributing to Tesla’s outstanding journey to remodel mobility.
Additionally proud to see… pic.twitter.com/FQx1dKiDlf
— Piyush Goyal (@PiyushGoyal) November 14, 2023
“Additionally proud to see the rising significance of Auto part suppliers from India within the Tesla EV provide chain. It’s on its approach to double its parts imports from India. Missed Elon Musk’s magnetic presence and I want him a speedy restoration,” the Union Minister added.
The Tesla proprietor nevertheless, apologised to Goyal for not with the ability to meet him as he was preserving unwell.
It was an honor to have you ever go to Tesla!
My apologies for not with the ability to journey to California immediately, however I stay up for assembly at a future date.
— Elon Musk (@elonmusk) November 14, 2023
“It was an honour to have you ever go to Tesla! My apologies for not with the ability to journey to California immediately, however I stay up for assembly at a future date,” Musk replied.
Goyal and Musk have been scheduled to satisfy in the course of the Minister’s US go to, months after the SpaceX and X proprietor met Prime Minister Narendra Modi within the US, and revealed he was eager to make vital investments in India.
In keeping with a contemporary Monetary Instances report, citing sources, the automaker has requested the Indian authorities for an preliminary tariff concession that might offset India’s steep customs duties of 70 per cent for vehicles beneath $40,000 and 100 per cent for vehicles above $40,000.
“Their view has at all times been that they want some tariff concessions at the least within the interim interval. It could have some type of sundown clause,” one of many officers was quoted as saying within the report.
Tesla had requested for the concession as a situation for setting up a plant within the nation.
The diminished tariffs would apply to all EV producers.
The officers acknowledged that the diminished charge into consideration could be 15 per cent for EVs of all costs, however that the coverage had not but been agreed upon throughout the authorities, the report talked about.
In September, studies surfaced that Tesla is planning to construct a manufacturing facility for battery storage in India and has submitted a proposal for a similar to the federal government.
The electrical car-maker proposed supporting the nation’s battery storage capabilities with its ‘Powerwall’ throughout latest conferences.
Musk can also be aiming to construct a Tesla provide system in India.
— IANS
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