Elon Musk’s India visit to last 48 hours, may unveil plans for Starlink service

Elon Musk’s India visit to last 48 hours, may unveil plans for Starlink service

Tesla Inc. chief Elon Musk’s much-awaited India visit will last around 48 hours during which the billionaire will make mega announcements, including plans to start Starlink services in India, sources told CNBC-TV18 on April 12.

The channel reported that Musk will be in India on April 21 and 22 and the Tesla CEO and his team will meat government officials and industry representatives. Musk will also call on Prime Minister Narendra Modi.

“Looking forward to meeting with Prime Minister Narendra Modi in India!”, Musk said on April 10 in a post on X platform.

CNBC-TV18 reported that Musk will announce an investment plan of $2-3 billion for India and Tesla is also looking to not only manufacture cars for India but also export them to global markets.

Musk and Modi last met in New York in June, and Tesla for months lobbied India to lower import taxes on electric vehicles while it weighed up a factory in the country. Last month, the government unveiled a new EV policy lowering import taxes to 15% from 100% on some models if a manufacturer invests at least $500 million and sets up a factory too.

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