On Elon Musk's 'Looking Forward To My Companies Working In India' Comment, PM Modi's Reply
Elon Musk was expected to visit India in April and meet PM Modi but his
visit was cancelled
New Delhi: India's talented youth and a stable democratic polity will
provide a safe business environment to all partners, said Prime Minister
Narendra Modi on Saturday. PM Modi said this in reply to billionaire Elon
Musk, who on Friday had congratulated the Prime Minister on his re-election
for a record third term.
Musk informed that his companies are looking to invest in India soon.
Appreciate your greetings @elonmusk. The talented Indian youth, our demography, predictable policies and stable democratic polity will continue to provide the business environment for all our partners. https://t.co/NJ6XembkyB
— Narendra Modi (@narendramodi) June 8, 2024
The SpaceX and Tesla CEO was expected to visit India on April 21 and 22 and
also meet PM Modi. However, he later postponed it citing "very heavy Tesla
obligations”.
Musk later said he looks forward to coming to India later this year.
Musk met PM Modi in June 2023 in the US. The tech billionaire expressed
confidence that Tesla would enter the Indian market soon, along with Starlink,
the satellite internet service.
Tesla is also expected to set up its manufacturing unit in India and make
large-scale investments.
The carmaker had, in 2023, asked the Indian government to make duty cuts to
import its vehicles into the country.
(With Agency Inputs)
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