• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, June 17, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Tesla India Policy Exec Quits After India Entry is Put on Hold

by Vishvas Narayan
June 15, 2022
in Business, Electric Vehicles, Future Tech, India News, News, Tech
Reading Time: 2 mins read
0
Tesla India by Teslarati
TwitterWhatsappLinkedin

 

You might also like

The Launch of ChatGPT Created a Digital Pollution Crisis, Researchers Warn

GitHub leak reveals Trump administration’s AI strategy for government

Authorities Shut Down Web Drug Trader, Archetyp Market

One of Tesla India’s crucial employees has quit the company, just a few weeks after the electric car manufacturers decided to put their entry to the Indian market on hold. The government of India and the representatives of Tesla have been having a lot of back and forth over the past few months as the company have been looking to initiate operations in the country.

It seemed like it was finally going to happen, but a few weeks, all of a sudden, Tesla India announced that they have pressed pause on the process and have taken a step back from the decision. Just a few weeks after that, Mr. Manuj Khurana who was the policy and business development executive of the company announced that he will be leaving the company.

Mr. Khurana was hired by Tesla India on March 2021 and has played an instrumental role in lobbying the South Asian government so that they can enter the market and even was paramount in formulating a local market entry strategy for the company in India.

manuj khurana by India Today

The government of India set the import tax for Tesla at 100% which was too much for the company to set up their operations and sales in the country. Due to this, the company started lobbying the government of the country, which was headed by Mr. Khurana to slash those rates down to 40% which would then make it viable for the company to enter the Indian market and begin their operations. As the company recently opened up their manufacturing plant in China, they were planning to import their electric cars South into India.

However, the Indian government have already told the representatives of Tesla that they have to set up a manufacturing plant in the country if they want to enter the market and sell their electric cars in India. They have been unwavering with their decision even though Tesla have been communicating with them and trying to get the import tax down instead.

Mr. Khurana has been working hard to get the government to reduce the import tax rate for months now and now that the company decided to put all of this on hold, his work has all gone in vain. Some employees of the Indian team have been put in to other groups and their search for the right location for a showroom has been scrapped.

One of the sources close to the company said that the company’s goals of launching in India can be considered to be dead.

Tags: #ElectricCars#TeslaIndiaTesla
Tweet54SendShare15
Previous Post

Tron’s USDD loses its dollar peg as market sell-off continues

Next Post

Warren Buffett to donate $4 billion to charity

Vishvas Narayan

Recommended For You

The Launch of ChatGPT Created a Digital Pollution Crisis, Researchers Warn

by Sneha Singh
June 17, 2025
0
ChatGPT's Launch Created a Digital Pollution Crisis, Researchers Warn

When OpenAI unleashed ChatGPT on the world in November 2022, it sparked more than just a tech revolution. Researchers now argue that this moment created a form of...

Read more

GitHub leak reveals Trump administration’s AI strategy for government

by Sneha Singh
June 17, 2025
0
GitHub leak reveals Trump administration's AI strategy for government

The federal government is gearing up for a sweeping artificial intelligence initiative that could transform how agencies operate, with a planned July 4 launch for a new AI.gov...

Read more

Authorities Shut Down Web Drug Trader, Archetyp Market

by Sneha Singh
June 17, 2025
0
Authorities Shut Down Long-Running Dark Web Drug Market

Police in six European nations have managed to bring down Archetyp Market, the dark net's longest-running and most dangerous drug marketplace. The joint operation is a significant victory...

Read more
Next Post
Warren Buffett

Warren Buffett to donate $4 billion to charity

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?