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Amid talks with Tesla, India mulls cutting import tax for EVs if OEMs build locally

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Content Team
Image Credit: ndtv

India is reportedly working on a new electric vehicle (EV) policy that would reduce import taxes for foreign automakers who commit to some local manufacturing. The development reportedly follows a proposal by US automotive giant Tesla, which is considering entering the Indian market after its earlier tussle with the government over import tax-related issues.