K'taka invites Musk, terms state as "the destination" for investments in India

The Congressled Karnataka government has extended an invitation to business magnate Elon Musk to set up businesses in the southern stateKarnatakas Minister for Commerce and Industries Infrastructure MB Patil in a Twitter post wrote his state Karnataka is the ideal destination for Teslas expansion into IndiaIf Tesla considers setting up a plant in India Karnataka with its great potential and capabilities I must say is The Destination he addedAs a progressive state and a thriving hub of innovation and technology Karnataka stands ready to support and provide the necessary facilities for Tesla and other ventures of Elon Musk including Starlink Patil wrote tagging Musks Twitter handleKarnataka Patil said is focused on being the hub for technology and manufacturing 50 to propel the state for the next decadesMeanwhile during the ongoing State visit to the US Prime Minister Narendra Modi met Tesla and Twitter chief Elon Musk and invited him to explore opportunities in India for investments in electric mobility and the rapidly expanding commercial space sectorSpeaking to reporters after meeting with PM Modi Musk who is also CEO of SpaceX said he was incredibly excited about the future of India and added that India has more promise than any large country in the worldI am tentatively planning to visit India again next year I am looking forward to it Musk addedMusk responding to questions from reporters said he was confident that his car company Tesla will be in India as soon as humanly possible I would like to thank PM Modi for his support and hopefully we will be able to announce something in the nottoodistant futureTo a question on when Tesla will be in India Musk said We dont want to jump the gun with an announcement but its quite likely that there will be a significant investment for India in the futureIn a quick counter question by reporters asking what changed his mind about Teslas investments in India he smilingly said I have never changed my mindTesla is reportedly expected to announce the location of its new factory by the end of 2023Further Musk also showed interest in bringing his Starlink services to India Starlink is a satellitebased internet services provider which is operated by Musks company SpaceXIndia intends to leverage the space sectors potential by inviting private players into the field