Tesla, auto MNCs likely to get relief on local value addition
The sources said the local automobile grouping is now aggressively putting forward their views in conversations with the government even as industry body Society of Indian Automobile Manufacturers (Siam) firms up a representation on the matter. “Clearly, it is now a situation where the local makers (domestic and multi-national) are standing against the newcomers like Tesla, fearing that an ‘easy, well-facilitated entry’ may mar the chances of their electrics,” the source said.
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