India said it will not cut import duties on electric vehicles (EV)
EV car maker Tesla had appealed to the govt to slash taxes
Its billionaire chief Elon Musk had tweeted the same
The decision may be perceived as a tug of war between the govt and Tesla
PM Modi’s administration wants to promote local manufacturing
However, Tesla wants to import cars cheaply before committing to set up a factory here
Musk had been eager to enter the Indian market, one of the world’s promising automobile markets, for a long time
However, he is of opinion that high duties would make Tesla cars ‘unaffordable’
