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import duty

How new EU tariffs soon after US curbs could push Chinese EV makers to join forces with Indian firms

by Ev Richard
How new EU tariffs soon after US curbs could push Chinese EV makers to join forces with Indian firms

The substantial increase in import tariffs in the US and the EU — two biggest markets for EVs after China — have raised concerns over India becoming a dumping ground …

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Categories Technology

Range Rover, Sport get massive half a crore plus price cut: Here’s why

by Adesola Mojo
Range Rover, Sport get massive half a crore plus price cut: Here’s why

Jaguar Land Rover (JLR) owned by Tata Motors has announced that it will be manufacturing the flagship Range Rover luxury SUV and the Range Rover Sport in India. JLR will …

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Categories Automobile

Future of vehicles is electric, India’s import duty sops a positive, say Audi top execs

by Adesola Mojo
Future of vehicles is electric, India’s import duty sops a positive, say Audi top execs

India’s decision to temporarily lower import duty on electric vehicles priced upwards of $35,000 to 15% for carmakers investing at least $500 million on domestic manufacturing “might help accelerate localisation …

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Categories Automobile

Centre approves game-changing EV policy: Tesla arrival imminent, here’s how

by Adesola Mojo
Centre approves game-changing EV policy: Tesla arrival imminent, here’s how

India’s electric vehicle (EV) sector received a major shot in the arm with the central government’s approval of a much-anticipated policy package.The new e-vehicle policy approved by the centre will …

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Categories Automobile

IT Minister’s Urgent Letter to Finance Minister Nirmala Sitharaman: Boosting Export Growth through Reduction in Import Duty |

by Ev Richard
IT Minister’s Urgent Letter to Finance Minister Nirmala Sitharaman: Boosting Export Growth through Reduction in Import Duty |

Rajeev Chandrasekhar, the Minister of State for IT, recently penned a letter to Finance Minister Nirmala Sitharaman. The letter, written prior to the budget, proposed a reduction in import duty …

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Categories Technology

Tesla: Tesla may head to India on incentive-paved road

by Adesola Mojo
Tesla: Tesla may head to India on incentive-paved road

US electric automaker Tesla could soon set up shop in India, with the government close to finalising a policy to extend concessional import duties on electric cars exceeding Rs 30 …

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Categories Automobile

tesla: Tesla ready to drive in up to $2 billion, but with riders

by Adesola Mojo
tesla: Tesla ready to drive in up to  billion, but with riders

US electric carmaker Tesla is willing to invest up to $2 billion for setting up a local factory if the government approves a concessional duty of 15% on imported vehicles …

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Categories Automobile

Government may have ‘good news’ for Apple, Samsung and other laptops makers

by Ev Richard
Government may have ‘good news’ for Apple, Samsung and other laptops makers

The government is likely to defer import duty curbs on PCs, laptops and tablets by at least 9-12 months. The move is sure to provide respite to manufacturers, including Apple, …

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Categories Technology

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