Musk meets Modi, wants to invest in India

Prime Minister Narendra Modi today met tech pioneer and Tesla Inc. and SpaceX CEO Elon Musk in New York. The business magnate, who also owns Twitter; also expressed desire to enter the Indian auto market.

The Prime Minister appreciated Musk’s efforts at making technology accessible and affordable in various sectors. He invited Musk to explore opportunities in India for investments in electric mobility and rapidly expanding commercial space sector, an Indian government press release said.

“It was a fantastic meeting with the Prime Minister and I like him quite a lot. He visited our factory a few years ago. So, we have known each other for a while,” Musk told the media after the meeting. “I am incredibly excited about the future of India. I think India has more promise than any large country in the world.”

PM Modi really cares about India because he is pushing us to make significant investment in India, which is something that we tend to do. We just have to figure out the right timing, Musk added.

When a Wall Street Journal interviewer asked Musk was asked if Tesla was interested in the Indian market, he replied, “Absolutely.”