India, April 23 -- Tesla's Chief Financial Officer Vaibhav Taneja said the electric carmaker is still deliberating the right time to enter the Indian market, citing concerns over the country's steep 100 per cent import duty, which is making potential buyers uneasy about high prices.

His remarks come shortly after Tesla CEO Elon Musk confirmed he would visit India later this year, signalling that the company is preparing to launch its EVs in the country.

The company has also advertised more than 20 job openings in India.

According to Reuters, customs data show Tesla imported Model Y vehicles into the country from Germany at a shipment value of $46,000.

Taneja's comments come at a time when both New Delhi and Washington are working to r...