muskModiMeeting - Business Outrank

Billionaire tech mogul Elon Musk meets with PM Modi today in New Delhi. The two influential figures discussed a range of topics, including Musk's electric vehicle company Tesla potentially establishing operations in India. According to statements from officials, the meeting between Musk and Modi lasted over an hour. It came during Musk's brief tour of India to explore business opportunities for his various companies like Tesla, and SpaceX. Elon Musk Meets With PM Modi: Building Bridges for Tesla's Entry into India During the meeting, Elon Musk meets with PM Modi and commented that he is a "fan of Modi." Reacting to this, Prime Minister Narendra Modi said the Tesla CEO is more broadly a "supporter of India. Musk had made the introductory "fan of Modi" comment after the meeting of the Prime Minister in Modern York in June of his final year. In an interview with ANI news office, Elon Musk meets with PM Modi. Prime Minister Modi emphasized, "Let me clarify, suggesting that Elon Musk supports Modi is one aspect; fundamentally, his support is for India." And I fair met him as of late. It's not like we have a long-standing relationship." The Prime Minister appeared to make light of any discernment of a near individual association with Musk. Elon Musk meets with PM Modi. Instep, Modi surrounded the billionaire's comments as a common bolster for India itself, rather than himself particularly. He demonstrated their intuition has been constrained to their later assembly. Modi uncovered points of interest of intuitive with Musk to ANI, including visiting his manufacturing plant in 2023 to "get it his vision." Musk affirmed an India visit and assembly Modi, after past talks amid Modi's 2022 US trip. With different gatherings and Modi getting a handle on Musk's plans, the basis appears laid for substantive talks around bringing Tesla to India. For a few a long time, Musk has communicated a solid craving to bring Tesla to India's enormous car advertise. Be that as it may, the country's consequence obligations of up to 100% on electric vehicles have prevented Tesla from propelling its models. Amid the assembly, sources say Musk looked to get Modi's bolster for bringing down these tariffs. Elon Musk meets with PM Modi and shared his vision to make India a the world center for generation of reasonable electric vehicles," said a senior official briefed on the dialogs. The official included that Modi reaffirmed India's commitment to economical portability, but did not show any pending tax reductions. Beyond Tesla's potential entry, the two pioneers secured a wide cluster of subjects related to economic vitality, development, and innovation. Musk emphasized his intrigue in India's renewable vitality division and examined prospects for vitality capacity and ways to overcome foundation bottlenecks. The meeting moreover included discussions around fabricating, work creation and making India a send-out center for cost-effective electric vehicles and batteries. Modi is said to have sketched out India's renewable vitality guide and welcomed Musk to investigate fabricating openings for Tesla, PowerWall batteries, and Supercharger networks. Industry investigators see Musk's capacity to work through bureaucratic and political obstacles as key to choosing Tesla's extreme destiny in India. "For presently, it shows up the discourse has started which is a great begin," said auto segment examiner Rajeev Singh."Both sides will need to demonstrate adaptability to translate their goals into tangible investments." The Musk-Modi meeting signals India's yearnings to be a major trade center for electric vehicles and related advances. Elon Musk meets with PM Modi. Be that as it may, any assessment breaks or motivating forces to encourage this desire might possibly unsettle the plumes of bequest automakers as of now fabricating in India. With competition from household EVs moreover warming up, all eyes are presently on whether Modi can strike an adjust by creating an empowering environment for a company like Tesla without undermining existing players. Doing so may supercharge India's EV transformation while cementing its status as a worldwide car powerhouse.

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