The official confirmation of his interest came just two months later when Road Transport and Highways Minister Nitin Gadkari announced that Tesla was going to come the following year and set up a distribution facility (sales centre) for its cars in the country. And, if there was demand, possibly also set up manufacturing here.
After over three and a half years of both sides blowing hot and cold- to the point where his plans were temporarily shelved - Musk, the founder of Tesla and CEO of SpaceX, is now arriving in India on Sunday for a twoday visit.
Ahead of the highprofile visit, X, also owned by Musk, is being tracked by those keen to know about his India itinerary that's likely to range from a meeting with Prime Minister Narendra Modi at his residence to a spacetech do with startups at Bharat Mandapam in New Delhi.
He's expected to announce that Tesla will set up a car and battery plant and also push his plans to launch Starlink's satellitebased mobile broadband services which are already available in 70 countries.
Musk is still waiting for the government to issue the crucial GMCS licence, needed to start the broadband services. The Starlink application was filed in November 2022.
Denne historien er fra April 20, 2024-utgaven av Business Standard.
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Denne historien er fra April 20, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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A life that lives beyond
The passing of Ratan Tata marks the loss of not only an iconic leader but also a global visionary whose influence extended far beyond business.
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Paytm appears poised for rebound
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Love-all, RAFA
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Aman for startups
Ratan Tata was known as much for his business acumen as for his philanthropy. However, a lesser-known fact was his stellar track record when it came to startup investment.
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