As per Bloomberg report, Tesla Inc is soon to make have an authorised launch in India, as the company has gotten the legal consignee to manufacture and import four models to South Asian Nations.
The road transport and highways website of India showed that the company has officially gained legal verification to be applicable for manufacturing and selling its products in India.
“The tests ensure the vehicle matches the requirements of the Indian market in terms of emission and safety and roadworthiness,” according to Bloomberg.
As per analysis, it won’t be easy for Tesla to make its mark in the Indian market as the Indian market only conjures 1% of the total sales in a year in the automobile section. Most Tesla cars are very expensive. For developing electric shift in cars India lags financing and infrastructure both. Alongside nation has a huge tax policy which causes another hindrance in the way. Recently Elon Musk tweeted that India has a high import tax and alongside the country conjures both gasoline and clean energy vehicles as the same. Tesla along with other companies has requested India to reduce down its import tax.
Volkswagen AG’s India unit and Hyundai Motor India Ltd, Mahindra & Mahindra Ltd were all among them.