look news india
Elon Musk congratulated PM Modi: Billionaire industrialist and CEO of electric car manufacturer Tesla, Elon Musk, has congratulated Prime Minister Narendra Modi on his victory in the Lok Sabha elections. Musk said, my companies are eager to work in India. Elon Musk said in a social media post, “Narendra Modi, congratulations on your victory in the world's largest democratic election.” My companies are eager to work in India.
Last Friday, Narendra Modi reached Rashtrapati Bhavan and met President Draupadi Murmu and staked claim to form the government. Meanwhile, the President nominated Modi for the post of Prime Minister. Narendra Modi is set to take oath as Prime Minister for the third consecutive time on Sunday. Under the leadership of Modi, NDA has won 293 seats out of 543 Lok Sabha seats.
Let us tell you that before the elections, Musk had announced his India tour. However, later he postponed his India tour.
Elon Musk met PM Modi last year
When Prime Minister Narendra Modi visited the US in June last year, Elon Musk met him. Meanwhile, Musk described himself as a fan of Modi and said that Tesla would invest in India. On the other hand, Tesla company said in July last year that it was interested in opening a factory in India to make EVs priced at $24,000.
Elon Musk first showed interest in investing in India in early 2019. However, he objected to the high import tax. But the Indian government has made it clear that concessions will be considered if Tesla sets up a manufacturing plant in India. The government has not allowed Tesla to sell China-made cars in India. The government asked Elon Musk's company to set up a manufacturing plant in the country so that production can be done for domestic sales and export.