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India's stable policies continue to facilitate business environment: PM replied to Elon Musk

IndiaTimes Saturday, 8 June 2024 ()
Prime Minister Narendra Modi expressed gratitude to Elon Musk for his congratulatory message following Modi's re-election in the 2024 Lok Sabha elections. In a post on X (formerly Twitter), Modi emphasized India's talented youth, favorable demographics, stable policies, and democratic system as key factors creating a conducive business environment. Musk congratulated Modi and expressed eagerness for Tesla and SpaceX to engage in exciting projects in India. Tesla is reportedly considering setting up manufacturing plants in Maharashtra, Gujarat, and Tamil Nadu, with potential investments ranging between $2 billion and $3 billion.
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