India, March 1 -- The Tesla Model 3 is anticipated to enter the Indian market following recent reports indicating that the manufacturer has begun hiring within the country. Additionally, a notable meeting took place between the Prime Minister and Elon Musk, the CEO of Tesla, which garnered significant media attention.

A report from CLSA, a global capital market firm, suggests that with a projected reduction in import duties to 15-20 percent in India, the on-road price of the Tesla Model 3 is expected to range between Rs.35-40 lakh, excluding supplementary expenses such as road tax and insurance. The Tesla Model 3 has already made a significant impact in the electric vehicle (EV) sector, providing an impressive blend of range, performance...