June 8, 2023
Musk affirmed Tesla's commitment to India, with plans to make substantial investments soon
Tesla had proposed the establishment of a manufacturing plant for electric vehicles and was also considering the production of EV batteries within the country
Tesla is currently working to determine the right timing for its entry into the Indian market
Musk also expressed his hopes of bringing Starlink, the satellite internet service operated by SpaceX, to India
Elon Musk, CEO of EV manufacturer Tesla, stated that the company will enter India as soon as possible, after a meeting with Indian Prime Minister Narendra Modi during his state visit to the United States.
The Indian government extended an invitation to Musk to explore investment opportunities in the electric mobility and commercial space sectors. Musk affirmed Tesla’s commitment to India, with plans to make substantial investments soon.
Last month, Reuters reported that Tesla had proposed the establishment of a manufacturing plant for electric vehicles and was also considering the production of EV batteries within the country.
Musk also expressed his hopes of bringing Starlink, the satellite internet service operated by SpaceX, to India.
Source: BBC