Elon Musk meets Modi in New York to discuss investment in India

1687366186 Elon Musk meets Modi in New York to discuss investment
This handout photograph taken on June 20, 2023, and released by the Indian Press Information Bureau (PIB) shows India´s Prime Minister Narendra (right) talking with electric car maker Tesla CEO Elon Musk during their meeting in New York. — AFP
This handout {photograph} taken on June 20, 2023, and launched by the Indian Press Data Bureau (PIB) exhibits India´s Prime Minister Narendra (proper) speaking with electrical automotive maker Tesla CEO Elon Musk throughout their assembly in New York. — AFP

Elon Musk has directed the enlargement of his Tesla empire in the direction of India after stepping down because the CEO of Twitter to focus extra on his electrical automobile firm, Tesla.

Twitter proprietor and Tesla CEO Elon Musk stated Wednesday he mentioned potential “vital investments in India after assembly Prime Minister Narendra Modi in the USA.

Musk, one of many world’s richest males, stated that Modi was “pushing us to make vital investments in India, which is one thing that we intend to do, and are attempting to determine the fitting timing”.

In the previous couple of years, New Delhi has rolled out the pink carpet for high world buyers and firms, together with tech giants like Google and Apple.

For the reason that coronavirus pandemic, many corporations have expanded their presence in India as a solution to reduce their supply-chain dependence on China and faucet into the South Asian nation’s enormous home market.

Modi, who noticed the tech billionaire shortly after arriving from India on a state go to, stated it had been “nice assembly” Musk in New York.

“We had multifaceted conversations on points starting from vitality to spirituality,” Modi tweeted on Wednesday, a day earlier than he is because of be hosted by US President Joe Biden for a state dinner.

Moreover, Musk stated he was a “fan” of Modi.

“I’m truly extremely enthusiastic about the way forward for India. India has extra promise than any massive nation on the planet,” he added.

Musk has confronted questions from free speech activists over Twitter reportedly caving into the Indian authorities’s calls for for takedowns of important posts.

Critics accuse India’s authorities of democratically backsliding, together with by curbing free speech and never doing sufficient to verify assaults on journalists and minorities.

Final week, former Twitter chief government Jack Dorsey stated the platform he based had come below sustained stress from Indian officers throughout his tenure.

Indian info know-how minister Rajeev Chandrasekhar responded that Dorsey’s declare was an “outright lie”, whereas additionally accusing Twitter of repeated violations of native legal guidelines.

Twitter stated final yr that India ranked fourth globally within the variety of requests made by a authorities to take away content material, behind Japan, Russia, and Turkey.

Beforehand, Elon Musk made headlines after he turned one of many tech consultants warning in opposition to the risks of AI. Musk additionally confronted backlash from Twitter customers after he was accused of utilizing the social media platform for political functions and making it controversial.

Musk additionally laid off a number of staff at Twitter, a few of whom ended up jobless, in an try to chop prices.