Elon Musk Likely To Visit India And Meet PM Narendra Modi This Month. Here¡¯s Why
Elon Musk, CEO of Tesla, is scheduled to visit India this month for a meeting with Prime Minister Narendra Modi. According to sources familiar with the matter, Musk is likely to unveil investment initiatives and discuss the establishment of a new factory during his visit.
Details Of PM Modi-Elon Musk¡¯s Meet
The billionaire is set to meet PM Modi in New Delhi during the last week of April, as per the report. Two undisclosed sources informed Reuters that Elon Musk will also reveal his plans for India separately. Earlier reports indicated that Tesla officials would visit India this month to assess potential locations for a manufacturing facility, representing a significant investment of approximately $2 billion.
Recently, Reuters had also reported that Tesla officials will reportedly visit India to do recce for sites for the set up of a manufacturing plant which would require an investment of Rs 1.6 lakh crore.
Additionally, Musk is also on a look out for a local investment partner to establish operations in India. There¡¯s also buzz around him joining hands with Mukesh ambani's Reliance Industries to construct the said manufacturing facility in our country.?
