NEW DELHI: Despite eyeing the growing Indian market for the last three years, US electric vehicle pioneer Tesla's founder Elon Musk has still not been able to launch operations in the country amid impasse with the Centre over import duties and local manufacturing.
While the Centre wants Tesla to set up base in India and sell locally and export, Musk insists on slashing import duties first. The government may consider lowering import duty along with offering other sops but for that, Tesla has to set up a manufacturing factory in the country.