Tesla India policy executive quits after company puts entry plan on hold

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Tesla India policy executive quits after company puts entry plan on hold
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A key executive who was leading Tesla's lobbying effort in India has resigned, weeks after the U.S. carmaker put on hold plans to sell electric cars in the South Asian nation, two sources aware of the matter told Reuters.

Manuj Khurana, policy and business development executive at Tesla in India, was hired in March 2021 and played a key role in forming a domestic market-entry plan for the U.S. carmaker in the country.

He lobbied the Indian government for more than a year to slash the import tax on electric cars to 40% from as high as 100%, a move Tesla said would allow it to test the market with imports from its production hubs like China before investing in a factory.But Prime Minister Narendra Modi's government insisted Tesla must first commit to manufacturing cars locally before it can offer any concessions.

Tesla Chief Executive Elon Musk said on Twitter last month that the company would not set up manufacturing in any location where it was not allowed first to sell and service cars. The carmaker has also shifted its focus to other markets in Southeast Asia, like nickel-rich Indonesia, where it is looking at a potential battery-related investment, as well as Thailand, where it recently registered a local unit to sell cars.Reporting by Aditi Shah and Aditya Kalra; Editing by Bernadette Baum

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