Zero takers. Not one global carmaker applied. Why? High entry cost. Tight localisation targets. And Tesla, the poster child of this plan, walked in with imported cars instead. What does it say when even Tesla skips your ‘made in India’ dream? Maybe the rules were built for a market that doesn’t yet exist. The government now has to rethink; or risk losing global EV players forever. Big money, big ambitions… but no one’s biting.