Tesla's Musk to meet Modi in India and announce investment plans: Reuters

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Tesla's Musk to meet Modi in India and announce investment plans: Reuters
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The billionaire will meet Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources.

Indian Prime Minister Narendra Modi meets with Elon Musk in New York, United States on June 20, 2023.and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.will meet Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources, who declined to be named as the trip details are confidential.

Reuters has previously reported that Tesla officials are expected to visit India this month to look at sites for a manufacturing plant that would require an investment of about $2 billion. Musk said this week on X that "India should have electric cars like every other country has electric cars. It's a natural progression to provide Tesla electric vehicles in India".

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