PM Modi Likely To Meet Elon Musk During US Visit
The world's richest man is reported to be part of a select group of CEOs who will meet PM Modi on February 13.
As the chief of the newly-formed Department of government Efficiency (DOGE), Musk is likely to advocate for a level playing field for his electric cars.
He may also seek early regulatory approval to begin operations for affordable satellite internet service Starlink in the country, along with boosting collaboration with the Indian Space Research Organisation (ISRO).
However, no official communication about the PM Modi-Musk meeting has been conveyed yet.
Last year, Musk had announced a delay in his India visit as earlier planned, as he faced "the moment of truth" when Tesla announced its quarterly results amid negative growth in China and massive global layoffs.
“Unfortunately, very heavy Tesla obligations require that the visit to India be delayed. But I do very much look forward to visiting (India) later this year," Musk had posted on his X social media platform in April last year.
The electric carmaker has proposed supporting the country's battery storage capabilities with its“Powerwall" during recent meetings. Musk is also aiming to build a Tesla supply system in India.
After PM Modi was re-elected for a record third term in June last year, the Tesla CEO congratulated him, saying he was "looking forward to my companies doing exciting work in India".
"Appreciate your greetings @elonmusk. The talented Indian youth, our demography, predictable policies, and stable democratic polity will continue to provide the business environment for all our partners," PM Modi responded.
PM Modi will travel to the US for a bilateral visit after attending the AI Summit in Paris on February 11-12.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment