Elon Musk will stay in India for 48 hours: Can announce opening of Tesla manufacturing plant and Starlink services in the country

Elon Musk will stay in India for 48 hours: Can announce opening of Tesla manufacturing plant and Starlink services in the country

Elon Musk, owner of electric vehicle (EV) manufacturing company Tesla, will spend 48 hours i.e. 2 days in the country during his visit to India. CNBC-TV18 has given this information in one of its reports on Friday (April 12). According to CNBC-TV18 sources, during his visit, Elon Musk can make many other big announcements including the Tesla manufacturing plant, which also includes the plan to start Starlink services in India. Elon Musk will be in India on 21st and 22nd April. According to reports, Elon Musk will be in India on 21st and 22nd April. During this time Elon Musk will also meet Prime Minister Narendra Modi. Apart from this, Tesla CEO and his team will meet government officials and industry representatives. Looking forward to meeting PM Narendra Modi: Musk Musk shared a post on social media platform Modi and Musk have met twice so far, this will be Musk’s first visit to India. Musk can also announce Tesla’s manufacturing plant in India during this time. Modi and Musk have met twice so far. Both of them met in 2015 at the Tesla factory in California. After this, both of them met in New York in June 2023. Musk will invest 2-3 billion dollars in India CNBC-TV18 reported that Elon Musk will announce plans to invest 2-3 billion dollars in India. Tesla not only wants to manufacture cars for India, but also wants to export them from here to the global market. Apart from this, Musk can also start satellite based broadband services in India soon. CNBC-TV18 reported that regulatory approvals for Starlink are in the final stage and the company is expected to get the license soon. Musk said – India should also have EV like other countries. Musk had said on X this week that there should be electric cars in India like every other country. It has become necessary to make Tesla electric vehicles available in India. Musk is coming to India at a time when elections are to be held here. At present, EV demand has slowed down in the American and Chinese markets. Tesla is also facing competition from Chinese vehicles. Tesla wants to set up a car manufacturing and battery storage plant in 2022. Talks were not made between Tesla and the government. Union Minister Piyush Goyal had visited the Tesla factory in November last year. In November last year, Commerce and Industry Minister Piyush Goyal visited Tesla’s manufacturing facility in California. Had visited. However, Elon Musk was not present during this time. He wrote on X- ‘It is an honor to have you join Tesla! I am sorry for not being able to come to California today, but I look forward to meeting at a future date. While sharing the photos, Piyush Goyal wrote on Goyal said- ‘Missed the magnetic presence of Elon Musk and I wish for his speedy recovery.’ Currently four electric cars of Tesla are being sold in the American market. These include Model S, Model 3, Model X and Model Y. Among these, the real wheel drive variant of Model 3 is the cheapest. Its price in America is $ 38,990 (about Rs 32.48 lakh). Currently only 2% share of EV in India. India’s EV market is still small but is growing rapidly. Currently, local car manufacturer Tata Motors dominates here. The share of EVs in total car sales in 2023 was just 2%. The government aims to increase it to 30% by 2030.

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