“Companies wishing to import vehicles to India should invest in India”
Said Ola CEO Bhavish Aggarwal at the pre-launch of the Ola Electric scooters
He was talking in response to Musk’s demand to reduce customs duty on imported cars
Now, India imposes a 100% import duty on fully imported cars
Musk had said, “it’s the highest in the world by far of any large country!”
Bhavish said the industry should create a sustainability revolution in India
It should also grow Indian technology and manufacturing ecosystems
