Modi’s US visit: Tesla to come to India soon

The Electric Vehicle (EV) maker has been engaging in discussions with Indian officials as it seeks to enter the Indian market

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

Recent Articles

Apple plans a fivefold increase in India’s production capacity by 2028

September 26, 2023

Apple Inc. has outlined ambitious plans to increase its production …

Read More

India to achieve 500 GW renewable energy before 2023

September 26, 2023

India is poised to achieve its ambitious goal of 500 …

Read More

India registers 100,000+ startups in 2023: Govt

September 25, 2023

India has achieved a significant milestone this year, surpassing 100,000 …

Read More