Tesla (TSLA, Financial) CEO Elon Musk has announced plans to visit India later this year, following discussions with Indian Prime Minister Narendra Modi about technological collaboration. Musk expressed his anticipation for the visit on social media, highlighting the potential for cooperation in technology and innovation between India and the U.S.
This development comes as Tesla and Musk's other company, Starlink, show increasing interest in the Indian market. Tesla is negotiating with Indian officials about establishing a manufacturing base in the country. Meanwhile, Reliance Jio, owned by India's richest man Mukesh Ambani, has partnered with SpaceX to introduce Starlink satellite internet services in India. Additionally, Bharti Airtel, led by telecom tycoon Sunil Bharti Mittal, has signed a similar agreement with SpaceX.
Earlier this year, during a state visit to the U.S., Modi and Musk discussed future collaborations in emerging sectors such as electric vehicles, renewable energy, and space exploration, reflecting optimism about the partnership's potential.
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