India's EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing,

While all eyes are on Tesla now, the Indian government is expecting a good response from several automobile majors on the EV policy.

Tesla Inc. is set to make its long-awaited entry into India by shipping a few thousand cars to a port near Mumbai in the coming months, according to people familiar with the matter, marking its long-awaited debut in the world’s most populous country.

As Tesla is soon planning to enter in India, even after the reduction in the import duty to below 20 per cent, the cheapest car of Tesla will cost around Rs 35 to 40 lakh, says a report by CLSA, a global capital market company.

Recent media reports indicate that Tesla has been in discussions with Andhra Pradesh, which is offering pre-acquired land in multiple locations. The stat