#import-duties
Tesla repositions Model Y in India to take on BMW, Mercedes EVs
Tesla has aggressively cut prices on its Model Y in India, aiming to compete with luxury rivals despite import duties. This strategic move follows a slow market entry, with rising fuel costs now potentially boosting EV adoption. The new Model Y Premium RWD is…
Tata Motors holds back truck price hikes despite surge in input costs
The company will absorb much of the recent surge in commodity costs, including the impact of higher platinum import duties, Managing Director and CEO Girish Wagh says
No plan to raise duties on gold, silver imports: Indian Govt official
India will not raise import duties on gold and silver despite concerns over rising import bills and foreign exchange reserves.
India launches investigation on some aluminium wire products from Malaysia
India has initiated a probe into aluminium wire imports from Malaysia. This comes as existing import duties are scheduled to expire in September. Several Indian companies have requested a review to determine if these duties need to be extended. The government…