American electric vehicle manufacturer Tesla is very keen to enter the Indian market. The company's boss Elon Musk has already revealed that it's electric cars will be launched in India.
But there was no timeframe for Tesla to enter India. Now, TOI reports that Tesla has commenced talks with the Government of India.
Tesla will enter the Indian market through the single-brand retail window. The automaker has written to the government showing its interest to operate in India. The development comes after Musk tweeted about high import duty and sourcing requirements in the country.
The report also states that granting an exemption may not be easy in any case with duty in excess of 100 percent the import route will not be an option. The government is likely to reply to Tesla in the coming weeks.
The Indian government is also encouraging the use of electric vehicles in order to shift to eco-friendly vehicles by 2030. And automakers like Tesla will play a key role in achieving the ambitious target.
It looks like this is the best time for Tesla to approach the government to enter India as Nitin Gadkari recently made a statement about bulldozing petrol and diesel vehicles in the country.
Currently, Mahindra is the only automaker to offer electric vehicles in India. Mahindra Group's Chairman, Anand Mahindra had stated that it would welcome Tesla's India entry.
Tesla was already interested to enter the Indian market, but the timeframe has been delayed due to various factors. But now, Elon Musk has finally approached the Government of India. If Tesla enters India, it will be a big push towards shifting to electric vehicles by 2030.