India not considering import tax incentives for Tesla, says Piyush Goyal

In the midst of mounting excitement over Tesla’s plans to foray into the Indian market, the government has ruled out import-duty concession.
Union Commerce Minister Piyush Goyal, in his address at the annual convention of the Automotive Component Manufacturers Association (ACMA), underscored the government’s stance, affirming that no preferential treatment would be extended to any automotive player.

The minister’s statement comes in the wake of recent reports indicating that the government is working on a policy designed to grant import-duty reductions to automakers that pledge to engage in local manufacturing.