{"id":619386,"date":"2023-11-25T09:39:39","date_gmt":"2023-11-25T04:09:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=619386"},"modified":"2023-11-25T10:34:04","modified_gmt":"2023-11-25T05:04:04","slug":"tesla-may-invest-2-billion-for-manufacturing-in-india-but-with-conditions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-may-invest-2-billion-for-manufacturing-in-india-but-with-conditions\/","title":{"rendered":"Tesla may invest $2 billion for manufacturing in India but with conditions"},"content":{"rendered":"<p>Tesla is eyeing an investment of up to $2 billion to set up its factory in India if it gets a 15 per cent concessional duty on imported vehicles in its first two years here, The Economic Times (ET) reported on Friday. <\/p>\n<p>The US-based carmaker has provided the Centre with a proposal for the investment, the report added. If it gets a concessional duty for 12,000 vehicles, it may invest $500 million in India. This may go up to $2 billion if the concession extends to 30,000 vehicles. <\/p>\n<p>The Centre, on the other hand, may push for a concessional tariff on Tesla&#8217;s 10,000 units for the first year and 20 per cent in the second. Currently,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla is eyeing an investment of up to $2 billion to set up its factory in India if it gets a 15 per cent concessional duty on imported vehicles in its first two years here, The Economic Times (ET) reported on Friday. The US-based carmaker has provided the Centre with a proposal for the investment, the report added. If it gets a concessional duty for 12,000 vehicles, it may invest $500 million in India. This may go up to $2 billion if the concession extends to 30,000 vehicles. The Centre, on the other hand, may push for a concessional tariff [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-619386","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=619386"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619386\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=619386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=619386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=619386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}