Elon Musk to visit India this month: Report 

Musk is scheduled to meet the Indian Prime Minister in the week of April 22.

Autocar Pro News Desk By Autocar Pro News Desk calendar 10 Apr 2024 Views icon3733 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Elon Musk to visit India this month: Report 

Tesla's Elon Musk is slated to visit India this month to meet Prime Minister Narendra Modi, Reuters reported. He is also expected to announce investment plans including opening a new factory in the country, two persons in the know informed the newswire. 

Musk is scheduled to meet the Indian Prime Minister in the week of April 22, and will separately announce India's plans, the two sources informed Reuters on condition of anonymity. 

Musk will be joined by other executives as well on his India visit, the first person in the know said. 

Reuters could not elicit a response from the Prime Minister's office and Tesla. The newswire noted that the contours of Musk's India trip are subject to change. 

Elon Musk and Narendra Modi met in New York in June and Tesla had been persistent in its demands for lowering of taxes on electric vehicles in India while it mulled establishing a factory in India. 

India last month unveiled a new EV policy, reducing import taxes to 15% from 10% on certain models, if a manufacturer invests a minimum of USD 500 million and establishes a factory too.  

RELATED ARTICLES
Going back to first principles in EVs is opening up new opportunities, says Tata Technologies’ John Johnston

auther Autocar Pro News Desk calendar24 May 2024

The philosophy of rethinking EVs does give really big opportunities for vehicle lightweighting.

Steel is a wonder material from a vehicle lightweighting perspective: JSW Steel’s Kinshuk Roy

auther Autocar Pro News Desk calendar24 May 2024

With advancements in high-strength and advanced high-strength steel, manufacturers can achieve significant weight saving...

'Lightweighting an important parameter from environment perspective:' IV Rao

auther Autocar Pro News Desk calendar24 May 2024

IV Rao, the former engineering head of Maruti Suzuki said that weight reduction of vehicles was an important parameter f...