• Saturday, April 20, 2024

Business

India’s richest state invites Tesla after Musk hints entry into country

Tesla CEO Elon Musk (Photo by ODD ANDERSEN/AFP via Getty Images)

By: Sarwar Alam

India’s richest state Maharashtra has invited U.S. electric-car maker Tesla Inc, weeks after its chief executive officer Elon Musk suggested entering the country next year.

In a tweet on Thursday, state tourism and environment minister Aaditya Thackeray said he and industries minister Subhash Desai held a video call with Tesla executives earlier in the day to invite them to the state.

Earlier this month, Musk said “Next year for sure” on Twitter in reply to a post with a photograph of a T-shirt with the message: “India wants Tesla”.

Tesla’s entry into Asia’s third largest economy could come at a time when prime minister Narendra Modi is increasingly focusing to promote the use of electric vehicles.

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