After meeting Modi, Tesla's Musk says he's interested in making major investments in India.


met a group of individuals connected to important thought tanks. We discussed several facets of policymaking as well as new global trends. emphasis was placed on India's great developments and how our young are driving them.
 that India's Prime Minister Narendra Modi was pressuring the automaker to make a "significant investment" in the nation and that an announcement was about to come.

After meeting Modi on Tuesday during the Indian president's state visit to the US, he made these remarks. Previously, a source informed Reuters that Musk will inform Modi of his intentions to establish a manufacturing facility in India.
Musk said that he aims to introduce SpaceX's Starlink satellite internet service to India as well, noting that the country has significant potential for a sustainable energy future that includes solar power, stationary battery packs, and electric cars.
The fact that he is pressuring us to make big investments in India shows that he (Modi) genuinely cares about the country, Musk told reporters after the meeting.

Later, a representative for India's foreign ministry tweeted that Modi had asked Musk to "explore opportunities in India for investments in electric mobility and rapidly expanding commercial space sector."

According to a source familiar with the situation who spoke to Reuters, the South Asian nation is now seeking to permit select American businesses to work initially in tandem with Indian businesses for investments in its space sector.