In a recent development, Elon Musk, the CEO of Tesla, has revealed his intention to make an imminent move into the Indian market. He conveyed his optimism following a productive dialogue with the Prime Minister of India, Narendra Modi, expressing hope about a forthcoming announcement.
This comes in the wake of renewed discussions between Tesla and New Delhi about incentives for bringing the electric vehicle manufacturer into the burgeoning South Asian market. There has also been a revival of dialogues between SpaceX representatives and India’s telecom ministry about the potential introduction of the Starlink satellite internet service, as per an inside source.
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Tesla’s venture into India has been on Musk’s agenda for several years. He initially proposed a 2021 timeline but has been awaiting significant incentives from the Indian government before taking decisive action.
In 2021, Musk affirmed that Tesla wouldn’t establish a manufacturing plant in India unless the company was permitted to sell and service imported vehicles first. This came a year after an Indian state claimed that Tesla had plans to set up a production plant in the country’s southern region.
Expressing admiration for Prime Minister Modi, Musk stated that India held more potential than any other major country worldwide. He also communicated his anticipation about bringing Starlink into the country, without specifying a timeline. It’s noteworthy that Starlink established its business in India in late 2021 and appointed a leading executive to helm its local operations.
However, the chosen executive, Sanjay Bhargava, resigned within weeks when the Indian government directed the SpaceX division to stop accepting orders due to the lack of a necessary operating license.
In a separate but relevant context, Twitter co-founder Jack Dorsey recently disclosed that India frequently asked the social media platform to remove specific posts and accounts, often accompanied by legal threats for non-compliance.
This article is based on information from TechCrunch.
