“EXCITED TO SPEAK WITH PM MODI,” confirms Tesla CEO Elon Musk’s visit to India.

World News

Elon Musk, the CEO of Tesla, said on Wednesday that he will be making his first trip to India and expressed excitement about meeting Prime Minister Narendra Modi.

Musk said on Wednesday, “Looking forward to meeting with Prime Minister @NarendraModi in India!” on his official feed.

On his first visit to India, reports claim that Musk may reveal the much-awaited news of Tesla’s first facility there.

According to Reuters, Musk is expected to visit Prime Minister Modi in the nation’s capital on April 22.

In addition to declaring Tesla’s first entry into the Indian market, Musk is anticipated to reveal the specifics of the automaker’s future intentions in the nation.

The precise schedule for Musk’s visit to India has not yet been announced.

It was previously reported that representatives of Tesla were looking at possible locations for an assembly factory in India. The plant is expected to require an investment of about USD 2 billion.

Tesla is actively looking for a suitable location to develop a state-of-the-art manufacturing plant as part of its increased interest in growing its market share in India.

The state governments of Gujarat and Maharashtra are said to have made Tesla enticing land offers for this reason, according to sources, which represents a major advancement in India’s electric vehicle market.

With projected investments between USD 2 billion and USD 3 billion, the new manufacturing facility seeks to meet both domestic and global demand.

A number of important goals have been set forward under the government’s EV strategy, which attempts to establish India as a favoured location for the manufacturing of EVs outfitted with cutting-edge technology.

These include encouraging foreign EV manufacturers to invest in India, encouraging Indian customers to adopt cutting-edge EV technology, and supporting the nation’s Made in India campaign.

Furthermore, the economy and ecology of India stand to benefit greatly from Tesla’s entry into the market.

It is anticipated that the construction of a manufacturing facility and greater imports of car parts from India will boost the domestic manufacturing sector, generate employment opportunities, and promote economic growth.

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