"I am interested to meet prime minister Modi.." Elon Musk confirmed to visit India!
Elon Musk has confirmed that he will visit india this month to meet prime minister Narendra Modi. Elon Musk, owner of tesla and SpaceX and one of the world's richest men, is expected to visit india this month to meet prime minister Narendra Modi and announce plans to invest and open a new factory in the country. According to reports, Elon Musk is going to meet prime minister Modi in delhi on april 22 and will make a separate announcement about his plans for India. The tesla CEO will be accompanied by other executives during his visit, the first source said. Elon Musk, who posted on his page, said, "I am interested in meeting prime minister Narendra Modi in India."
Elon Musk and Modi last met in New York in June, and tesla has been lobbying india for months to lower import duties on electric vehicles. india last month unveiled a new EV policy that will reduce import duties on certain models from 100% to 15% if a manufacturer invests at least $500 million and sets up a factory. tesla officials were already reported to be in india this month to visit sites for a manufacturing plant that would require an investment of around $2 billion.
Reports also suggest that tesla has started manufacturing right-hand drive cars at its German plant for export to india later this year. Elon Musk, who had earlier posted on his page, said, "Like every country has electric cars, india should have electric cars. tesla offering electric vehicles in india is a natural progression."As demand for electric vehicles in Tesla's key markets of the US and china declines, the company is focusing on India. India's electric vehicle market is small but growing rapidly. It is dominated by local carmaker Tata Motors. Notably, EVs will account for only 2% of total car sales by 2023.
