Elon Musk to meet Narendra Modi

April 10, 2024 20:08
Elon Musk to meet Narendra Modi

(Image source from: Tarunbharat.net)

Elon Musk to meet Narendra Modi:- Tesla CEO Elon Musk will visit India this month to meet Prime Minister Narendra Modi. He is also expected to make a statement about his plans to invest in the country and open new factories, Reuters reported, citing sources with knowledge of the matter. According to reports, the billionaire will meet Prime Minister Modi in New Delhi in the last week of April. According to Reuters, Elon Musk will explain his plans for India in various ways. It was previously reported that Tesla executives are expected to visit India this month to inspect the factory, which will be a major investment of $2 billion. A report published in The Hindu Business stated that Tesla may be looking for a local partner to start its operations in India.

The company is in talks with Reliance Industries for a possible joint venture to set up a factory in India, the newspaper reported, citing people familiar with the matter. "Discussions are in the early stages and have been going on for more than a month," said a person familiar with the development. “Tesla has allocated $2 billion to its plans in India and is exploring various locations to set up factories, but in Maharashtra the may be born. The report also stated that Tesla chose the location where it will use this facility as a domestic and export facility. Therefore, you can choose a good place outside in the ports.

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Tagged Under :
Elon Musk  Narendra Modi  Tesla CEO