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Domestic manufacturing

Commerce Minister Piyush Goyal On Tesla Entering Indian Market: ‘Won’t Tailor Laws’

Commerce Minister Piyush Goyal On Tesla Entering Indian Market: 'Won't Tailor Laws'. (Photo: Bleeping Computer)Tesla seeks a tariff waiver, aiming to deduct 70% customs charge on less than $40,000 (Rs 33,07,176) vehicles and 100% on pricier ones.Commerce and Industry Minister Piyush Goyal stated that India will not modify its policies to accommodate US electric car manufacturer Tesla.Instead, its laws and tariff regulations will be designed to entice global manufacturers of all-electric vehicles to establish a base in the…

Domestic manufacturing of semiconductors is the next big space: MeitY Secy, ET Auto

"We expect the digital economy to really grow at an increasing pace in the next few years. A USD 2 billion digital economy is what India seriously needs," Krishnan said.Domestic manufacturing of semiconductors is the next big space and many companies are expected to venture into this segment, a senior MeitY official said on Wednesday adding that a USD 2 billion digital economy is what India seriously needs. S Krishnan, Secretary of Ministry of Electronics &