Hyderabad-based Megha is looking at contract-manufacturing the two models by assembling completely-knocked-down (CKD) kits, which attract a lower import duty than fully built cars. India levies 100% basic customs duty (BCD) on completely built-up units of EVs priced over $40,000 and 70% on those below $40,000. In comparison, semi-knocked-down and CKD kits attract a lower BCD of 35% and 15%, respectively. The plan is to start contract manufacturing around 25,000 units and scale it up to around 75,000 units for sale in India.
The new plans come as the duo’s $1 billion investment proposal submitted to the department for promotion of industry and internal trade (DPIIT) for an equal joint venture (JV) is yet to secure approval.
“Contract manufacturing will help Megha with the larger JV plan as it will help them with learning the technology and process. The investment proposal is alive and active," said one of the two people cited above, requesting anonymity.
この記事は Mint Mumbai の October 02, 2023 版に掲載されています。
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この記事は Mint Mumbai の October 02, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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