June 8, 2024
1 min read

Musk Congratulates Modi, Eyes India Investments

Tesla and SpaceX CEO Elon Musk said his companies are looking to invest in India soon.

Tesla and SpaceX CEO Elon Musk on Friday congratulated Prime Minister Narendra Modi on his re-election for a record third term to run the country.

In a post on X, the tech billionaire said his companies are looking to invest in the country soon.

“Congratulations @narendramodi on your victory in the world’s largest democratic elections,” Musk wrote.

“Looking forward to my companies doing exciting work in India,” he added.

In April this year, Musk postponed his proposed visit to India due to “very heavy Tesla obligations”.

He was expected to visit the country on April 21 and 22 and meet Prime Minister Narendra Modi.

Prime Minister Narendra Modi with the CEO of Tesla Motors, Elon Musk, in San Jose, California. (File Photo)

Musk later said he looks forward to coming to India later this year.

“Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year,” Musk posted on X.

Musk met PM Modi in June last year in the US, expressing confidence that Tesla would enter the Indian market soon, along with Starlink.

Tesla is likely to set up its manufacturing unit in India and make large-scale investments.

Last year, Tesla approached the Indian government seeking duty cuts to import its vehicles in the country.

ALSO READ: Trump considering Musk for White House advisory role  

Previous Story

Biden pledges continued Ukraine support

Next Story

Regional Leaders To Join Modi’s Swearing-In

Latest from -Top News

Modi Strengthens Defence, Energy Ties in Saudi

Both sides agreed to hold the next Strategic Partnership Council meeting at a mutually convenient date….reports Asian Lite News India and Saudi Arabia have expanded their bilateral Strategic Partnership Council by adding

India Donates Vaccines to Afghanistan

The Afghan Ministry of Public Health expressed gratitude towards India for its generous contribution….reports Asian Lite News India has donated 4.8 tonnes of vaccines to Afghanistan as part of its ongoing humanitarian

Global Grief Over J&K Terror Strike

Australian Prime Minister Anthony Albanese also condemned the horrific terror attack, stating that violence can not be justified….reports Asian Lite News Condolences have poured in from around the world after the horrific

Pakistan Condemns J&K Terror Strike

Pakistan’s Foreign Office issued a brief statement, saying, “We are concerned at the loss of tourists’ lives in an attack in Anantnag district…reports Asian Lite News Pakistan on Wednesday responded to the
Go toTop

Don't Miss

Pakistan’s fury doesn’t even spare Indian wheat

The trucks carrying the aid had entered Pakistan’s territory a

Armenia’s interest in Indian military hardware

India sees Armenia not only as a friend but a