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 icon4164 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
Tata Motors says no holding company for CV, PV businesses

auther Autocar Pro News Desk calendar14 Nov 2024

The decision to demerge Tata Motors' CV and PV businesses is part of a broader strategic plan. 

Exide to commercialize Li-ion cell manufacturing with 6GWh capacity by FY26 end

auther Kiran Murali calendar14 Nov 2024

The battery maker expects to complete the construction of the main cell, admin and warehouse buildings of the lithium-io...

Audi India begins bookings for New Q7 SUV ahead of November launch

auther Sarthak Mahajan calendar14 Nov 2024

Audi India opens pre-orders for the new Audi Q7, assembled locally in Aurangabad and powered by a 3.0L V6 engine. Availa...