Elon : It is a matter of GIVE and TAKE

 

Context :

Govt may offer Tesla Partial Customs Break  /  Eco Times  /  31 Aug 2021

Extract :

Ø >  India could offer partial customs duty relief to electric vehicle maker Tesla and

      has sought the company’s detailed plans for investment in the country, officials

       familiar with deliberations told ET.

>  >  The stakeholder ministries are considering Tesla’s demand for a reduction in

        import duty. “We can offer some relief... but we need to know what their plans

         are,” said an official.

>   >  Final view will be taken once the company provides this, another official said.

Dear Elon  (  press@tesla.com  ) :

 

GIVE

Source :

Ø  Hey Elon , What is so difficult ? …………………………………[ 15 Aug 2921 ]

      Extract :

      Tesla to commit to following PHASED MANUFACTURING PROGRAM for

      making Model 3 in India

Year ( Ap-Mar)	Items to be procured locally	Value Addition % ( For the Year )	Value Addition % ( Cumulative )
22 - 23	NIL ( Import of fully assembled cars )	-	-
23 - 24	KDU – Knocked Down Units ( Add Assy Hours )	5	5
24 - 25	Tyres / Chasis / Body / Electricals  / Windows / Dashboards ..etc	10	15
25 - 26	Li-ion Battery	40	55
26 - 27	Sensors - Cameras – GPS locators	15	70
27 - 28	Autonomous Navigation Devices ( Radar – Lidar  )	20	90

Additional Source : 

Ø   Will Tesla follow Apple ? …………………………………[ 23 May 2017 ]

 

TAKE

Sources : 

[ A ]

Ø  Hey, Elon seems to have a case !...................... [ 27 July 2021 ]

Extract :

Ø  Central Government should send a clear “ YOU ARE MOST WECOME “  message to

    EV manufacturers of the World, by quickly announcing :

#    Import duty reductions ( 100 % to 50 % and 60 % going down to 30 % )

#    GST at 5 %

#    Waiver of Registration Fees

Dear Shri Gadkariji,

It is time to make an offer which the EV manufacturers around the World, cannot reject !

[ B ]

Ø  Import Duties : Time to get Rational ……………………[ 27 July 2021 ]

Extract :

 Here is my suggestion :

PERIOD	FULLY IMPORTED SOLAR PANELS	FULLY IMPORTED ELECTRIC CARS
( A ) Protection Period
2019 - 2022	Safeguard  Duty of  14.5 %	FAME I   (Phase 1) 2015-17  >   60 %-100 %
2023	Safeguard  Duty of   14.0 %	(Phase II) 2017-19  >   60% - 100 %
( B ) Free Market Competition Period
July 2023 onwards	Basic Custom Duty of :	FAME II
	Solar Cells  >  25  %	Phase I  ( 2019- 2022 )   >  40%-60%  ?
	Modules      > 40  %	Phase II ( 2022 – 2024 ) >   30%-50%  ?

Dear Elon,

Another way to describe this   “ GIVE & TAKE “ is to call it “ WIN & WIN “

Wishing both ( GOI and TESLA ) , Good Luck

 

With Regards,

Hemen Parekh / hcp@RecruitGuru.com / 31 Aug 2021