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 Meets Lula, Eyes Closer Ties

Modi said that both India and Brazil place a high priority on the environment and clean energy….reports Asian Lite News Prime Minister Narendra Modi met Brazilian President Luiz Inácio Lula da Silva

Afghan Food Crisis Worsens

Afghanistan continues to top the list of countries drawing global humanitarian concern following recent political changes…reports Asian Lite News The World Food Programme has sounded a fresh alarm over Afghanistan’s deepening humanitarian

Global Fury Over Trump’s Tariffs

Ramaphosa pushed back against the justification for the tariff, challenging the interpretation of trade data and pointing to discrepancies in the figures cited….reports Asian Lite News South Africa’s President Cyril Ramaphosa on

India Skips UNGA Vote, Flags LeT, JeM Threat

India Urges Global Action to Prevent Terror Groups from Exploiting Afghanistan…reports Asian Lite News While abstaining from a UN General Assembly resolution on Afghanistan, India has urged the international community to ensure
Go toTop

Don't Miss

What India needs to do to tackle Omicron in 2022

There is a growing realisation that health security impacts every

Indian Muslims Unite in Protest Against Israeli Siege on Gaza

In mosques across India, special prayers called Qunooth were offered