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Maharashtra invites Elon Musk after Telangana

After Telangan, one more state has invited US billionaire Elon Musk. This time it is Maharashtra. Earlier,Telangana Industry and Commerce Minister K.T. Rama Rao invited Musk to set up shop in his state.  Rama Rao said Telangana is a champion in sustainability initiatives and his government would be happy to partner with Tesla in working through the challenges. The Maharashtra Water Resources Minister Jayant Patil, in a reply to Musk's tweet, said, Maharashtra is one of the most progressive states in India. We will provide you all the necessary help.

Tesla had plans to begin selling imported cars in India last year and has been lobbying the government to lower import duties, which can be as high as 100 percent, on electric vehicles before it enters the market. Tesla wants to begin selling imported cars in India this year, but taxes in the country are among the highest in the world. With a $39,990 global price tag, Tesla Model 3 may remain as an affordable model in the US but with import duties, it would become unaffordable in the Indian market with an expected price tag of around Rs 60 lakh.


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