Tesla will have to be 'vocal for local' if they need tax sops: Finance ministry official
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American electric vehicle and clean energy company Tesla Inc is welcome to India if they commit to local manufacturing, assembling, and sourcing norms, a senior finance ministry official said on Friday. The official said, "If Tesla or other firms need a concessional tax rate structure for electrical vehicles, they will have to give a commitment to do some local manufacturing, assembling, and sourcing."