• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
A Tesla car is plugged into a charging station in India to attract reduction in EV tariffs.

India Evaluates Reduction of EV Tariffs to Attract Tesla

11/12/2023
Businesspeople shaking hands, symbolizing a trade agreement or negotiation impacted by increased tariffs. - Supply Chain News

U.S. Increases Tariffs on Select Canadian Imports to 35 Percent

08/01/2025
Trump Administration Sets New Tariffs to Begin in One Week

Trump Administration Sets New Tariffs to Begin in One Week

08/01/2025
New U.S. Tariff Measures Reshape Trade Terms with Canada and Other Key Partners

New U.S. Tariff Measures Reshape Trade Terms with Canada and Other Key Partners

08/01/2025
United States Revises Import Tariffs on Canadian Goods to 35%

United States Revises Import Tariffs on Canadian Goods to 35%

08/01/2025
U.S. Raises Tariffs on Canadian Imports from 25% to 35% Under Executive Order

U.S. Raises Tariffs on Canadian Imports from 25% to 35% Under Executive Order

08/01/2025
Professional Logistics Network Inc. Nominated for Go Global Awards 2025

Professional Logistics Network Inc. Elevates Global Freight Forwarding with Next-Gen Digital Alliance

07/31/2025
Zoni American High School Nominated for Go Global Awards 2025

Zoni American High School Expands Global Opportunities Through U.S.-Based, Student-Centered Education

07/31/2025
Zoni American High School Nominated for Go Global Awards 2025

Zoni American High School Nominated for Go Global Awards 2025

07/31/2025
Professional Logistics Network Inc. Nominated for Go Global Awards 2025

Professional Logistics Network Inc. Nominated for Go Global Awards 2025

07/31/2025
UNISIL Nominated for the Go Global Awards 2025

UNISIL Nominated for the Go Global Awards 2025

07/31/2025
World Speedex Logistics Expands Global Footprint with Reliable Freight Solutions and Customer-Centric Innovation

World Speedex Logistics Nominated for the Go Global Awards 2025

07/31/2025
Compos Mentis Legal Practitioners, a leading Nigerian law firm with offices in Warri, Lagos, and Abuja, continues to set new standards in legal service delivery through innovation, strategic thinking, and a commitment to global best practices. Established in 2007, the firm has grown into a trusted name in dispute resolution, debt recovery, intellectual property, medical law, and corporate advisory. The firm holds the distinction of being the first Nigerian law firm certified to the ISO 9001:2015 standard, reflecting its dedication to quality management, transparency, and client satisfaction. This milestone reinforces Compos Mentis LP’s role as a trailblazer in legal professionalism, setting a benchmark for excellence across Nigeria and beyond. At the heart of the firm’s innovation strategy is Consultus Lawyer, a proprietary digital platform that allows clients—both local and international—to access legal services remotely. Through this platform, the firm provides affordable, high-quality support in a wide range of legal matters, including cross-border disputes and advisory services. Flexible pricing models ensure accessibility for diverse clients, including government agencies, public institutions, community trust boards, individuals, and small enterpr In 2024–2025, the firm recorded an 87.5% success rate across 24 litigation cases, a testament to its rigorous preparation and expert legal strategy. The firm's consistent results and sectoral expertise have been recognized through numerous accolades, including the Dispute Resolution Law Experts of the Year in Nigeria – 2025 by Global Law Experts and the Regional Law Firm of the Year at the 2024 ESQ Legal Awards. Compos Mentis LP has also earned multiple Mondaq Awards in 2024 and 2025 for its contributions to legal thought leadership, particularly in intellectual property and immigration law. These recognitions underscore the firm’s ability to blend deep legal insight with a forward-thinking approach to knowledge sharing. Beyond its commercial achievements, Compos Mentis LP is deeply committed to social responsibility. The firm provides pro bono legal services to indigent individuals and supports host communities in the Niger Delta with legal representation and governance advisory. It also invests in talent development, fostering the next generation of legal professionals through mentorship and continuous learning opportunities. As Compos Mentis LP expands its reach and digital capabilities, it remains grounded in its core values: excellence, access to justice, and service to the community. With a proven track record, global outlook, and commitment to legal empowerment, the firm is positioned as a leader in Nigeria’s evolving legal landscape. To learn more, visit: https://compos-mentis.com #ComposMentis #LegalInnovation #DisputeResolution #AccessToJustice #ConsultusLawyer #ISO9001Certified #RuleOfLaw #NigeriaLegal #LawFirmOfTheYear #GlobalLegalStandards

Compos Mentis Legal Practitioners Nominated for Go Global Awards 2025

07/31/2025
supplychainreport
Saturday, August 2, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

India Evaluates Reduction of EV Tariffs to Attract Tesla

by Zyrene D.
11/12/2023
in Global Trade, Tariffs & Duties

India is currently assessing a proposal from Tesla to decrease tariffs on imported electric vehicles. This consideration comes as Tesla, led by Elon Musk, is contemplating establishing a manufacturing facility in India. Tesla’s request to the Indian government involves a reduction in the current customs duty, which stands at 70 percent for cars priced below $40,000 and 100 percent for those above $40,000.

Government officials in India with knowledge of these discussions have indicated that Tesla has sought an initial tariff reduction as a prerequisite for setting up a plant in the country. The proposed tariff reduction would not be exclusive to Tesla but would be applicable to all electric vehicle (EV) manufacturers. The suggested tariff could be reduced to 15 percent for EVs across all price ranges, although this policy is yet to receive final approval within the Indian government.

YOU MAY ALSO LIKE

U.S. Increases Tariffs on Select Canadian Imports to 35 Percent

Trump Administration Sets New Tariffs to Begin in One Week

Indian officials emphasize their intention to formulate a policy that benefits the country’s interests without favoring any single company. The proposed EV scheme is intended to be open to all manufacturers who meet certain requirements.

The discussions between Tesla and the Indian government have been ongoing, with Tesla executives meeting Indian officials several times over the past year. In one notable interaction, Prime Minister Narendra Modi, during his state visit to the US, met Elon Musk in New York and encouraged him to consider India as a potential manufacturing base.

India’s Commerce Minister, Piyush Goyal, is slated to visit San Francisco for meetings related to the Indo-Pacific Economic Framework for Prosperity and the Asia-Pacific Economic Cooperation forum. During this visit, there is a possibility of Goyal meeting with Musk.

For Tesla, venturing into India represents a significant but challenging opportunity. India’s EV market is nascent, primarily focused on two-wheel vehicles, and any new automobile entrant would need competitive pricing to succeed in this large and developing market. Tesla has proposed manufacturing a vehicle under $30,000 in India, which could be sold domestically and potentially exported.

Tesla has not yet commented on these discussions.

The establishment of a factory in India would mark Tesla’s sixth vehicle plant, expanding into a major car market predominantly featuring lower-cost vehicles. Musk has previously hinted at a new, more affordable model than Tesla’s $39,000 Model 3, tentatively named Model 2.

This move is part of Tesla’s global factory expansion, aiming to reach an informal target of producing 20 million cars annually by the end of the decade. This expansion would potentially position Tesla ahead of current industry leaders Toyota and Volkswagen in terms of production volume.

India’s initiative to potentially lower EV tariffs is seen as an effort to reduce the gap with China in developing EV and semiconductor technologies. High tariffs on motor vehicles in India, aimed at promoting local production, have been a longstanding issue for foreign car manufacturers. The UK, in its free trade agreement talks with India, has also been pressing for a reduction in car tariffs.

Discover supply chain news insights on The Supply Chain Report. Enhance your international trade knowledge at ADAMftd.com with free tools.

#TeslaInIndia #ElectricVehicleTariffs #EVPolicy #IndiaTeslaFactory #MuskInIndia #EVManufacturing #IndianEVMarket #IndiaTeslaExpansion #EVManufacturers #EVTariffReduction #IndiaAutomobileIndustry #ElectricCars #TeslaIndia #MadeInIndia #EVGrowth #IndoPacificEconomicFramework #PiyushGoyal #IndoUSRelations #CleanEnergyIndia #ElectricVehicleFuture

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.