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Wednesday, October 4, 2023

Elon Musk Meets with Indian PM Modi to Discuss Future Investments and Strengthen Bilateral Relations

Musk proclaimed that the country holds more promise than any other large nation in the world

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INDIA/UNITED STATES: The foreign business tycoon, Elon Musk, recently had a meeting with Indian Prime Minister Narendra Modi in New York, during the latter’s three-day state visit to the US, which was initiated by an official invitation from US President Joe Biden and the First Lady.

Modi’s popularity extends worldwide, and Musk himself refers to himself as a “fan of Modi.”

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Expressing his enthusiasm about the future of India, Musk stated, “I am incredibly excited about the future of India. I think India has more promise than any large country in the world.”

In 2015, Prime Minister Modi visited the Tesla Motors factory in California, where he met Elon Musk. Musk has now confirmed that his renowned automobile company is preparing to establish factories in India.

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During a media interaction, the CEO of Twitter, which Musk is also associated with, expressed confidence in Tesla’s entry into the Indian market, saying, “I am confident Tesla will be in India and will do so as soon as humanly possible.”

He further commended Modi’s vision, emphasizing, “PM Modi really cares about India because he is pushing us to make significant investments in India, which is something that we tend to do. We just have to figure out the right timing. He really wants to do the right thing for India. He wants to be open, he wants to be supportive of the companies. And obviously, at the same time, make sure that it accrues to India’s advantage.”

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Prime Minister Narendra Modi took to Twitter to share about his meeting with Elon Musk, stating, “Great meeting you today @elonmusk! We had multifaceted conversations on issues ranging from energy to spirituality.”

Musk responded, “It was an honor to meet again.” When asked about his future investment plans in India, Musk indicated that while he didn’t want to make premature announcements, a significant investment in the India-Tesla relationship seemed probable.

The upcoming meeting between Modi and Biden is expected to focus on defense and advanced weapons technology. One of the notable agreements includes the purchase of 31 high-altitude, long-endurance military drones, valued at $3 billion.

Also Read: Cultivating Quiet Success: Foreign CEOs, Including Musk, Embrace Silence in China


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