Prime Minister Narendra Modi met Tesla CEO Elon Musk in New York on Tuesday on the first day of his landmark visit to the US weeks after the billionaire entrepreneur expressed his keen interest in establishing a firm foothold in India’s dynamic market.
Tesla, the renowned electric vehicle (EV) giant, is poised to select a prime location for its upcoming factory this year, according to recent reports.
Musk’s ambitious plans to expand Tesla’s operations to the Indian subcontinent have generated immense excitement among industry insiders and EV enthusiasts alike.
“I am confident Tesla will be in India and will do so as soon as humanly possible. I would like to thank the Prime Minister for his support. Hopefully, we will be able to announce something in the not-so-distant future,” Elon Musk said after meeting Modi.
“We don’t want to jump the gun on an announcement, but there will be a significant investment relationship with India in the future,” he added.
While lauding India’s solar energy investment, Telsa CEO said he is incredibly excited about the future of the country.
“India has more promise than and any other large country in the world. …PM really cares about India because he is pursuing us to make a significant investment in India,” he said.
Calling himself a “fan of Modi”, Musk also announced his tentative plan to visit India next year.
Elon Musk even replied to PM Modi’s tweet, saying it was an honor to meet him again.