Prime Minister Narendra Modi’s meeting with SpaceX CEO Elon Musk has drawn attention to Musk’s plans for expanding his businesses in India. Their discussion focused on technology, innovation, and economic collaboration. Musk has long expressed interest in bringing his companies, including Tesla and Starlink, to India. Here are three key things he wants from India.
1. Tesla’s Entry with Lower Import Duties
Musk has been eager to launch Tesla in India, but high import taxes have been a roadblock. India’s new policy of offering concessional tariffs to foreign electric vehicle (EV) makers setting up local production has given Tesla a fresh opportunity. Musk has hinted that Tesla’s entry is only a matter of time.
2. Approval for Starlink’s Internet Services
Musk wants to roll out Starlink’s satellite internet service to provide high-speed connectivity in rural India. However, regulatory hurdles and opposition from telecom giants like Reliance Jio have delayed its approval. The Indian government’s recent decision to assign satellite spectrum instead of auctioning it could smooth Starlink’s path.
3. A Business-Friendly Environment
Musk is looking for policies that support innovation, investment, and ease of doing business. His discussions with Modi covered AI, space technology, and sustainable development. A smoother regulatory framework would not only benefit Musk’s ventures but also contribute to India’s economic and technological growth.
With India’s growing market and policy shifts, Musk’s wishlist might soon turn into reality.
