IANS | 10 Apr, 2024
Tesla and SpaceX CEO Elon Musk is reportedly planning to visit India
later this month to meet Prime Minister Narendra Modi and announce his
mega investment plans, as the country doubles down on its EV adoption
strategy.
However, an official confirmation on Musk’s India visit from the tech billionaire or his electric car company was yet to come.
Musk is slated to meet PM Modi "in the week of April 22 in New Delhi", Reuters reported on Wednesday, citing sources.
The
X owner, accompanied by other top Tesla executives, is also likely to
make an announcement about his investment plans and setting up of a
potential $2-3 billion manufacturing plant in the country, the report
mentioned.
According to Musk, the entry of Tesla in India, as the company scouts for factory land, will be a "natural progression".
"All vehicles will go electric and it is just a matter of time," the Tesla CEO said.
India,
like other nations which have adopted EVs, should also have more and
more electric cars going forward, according to the X owner.
Gujarat,
Maharashtra, and Tamil Nadu are reportedly on top of Tesla’s agenda to
start EV manufacturing and export the vehicles as well. During his visit
to the US last year, PM Modi had invited the tech billionaire to
explore opportunities in the country for investments in the e-mobility
sector.
