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Elon Musk’s announcement to postpone a visit to India, why? know Achi-News

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Achi news desk-

Tesla founder Elon Musk has announced the postponement of his visit to India, where he was due to meet Prime Minister Narendra Modi, The Times of India reported, citing his post on a social media platform. X, formerly Twitter

His trip had been hyped for days, as the billionaire was expected to announce long-awaited plans to produce Tesla electric cars in the country.

The tour was originally scheduled for April 21 and 22, but has now been postponed to a date yet to be announced later this year.

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During his two-day visit to India, he was scheduled to meet Modi, several executives from various space companies, and was expected to announce an investment of at least $2 to $3 billion, as reported. Development of entry-level electric cars assumed to be Model 2.

News of Musk’s visit to India comes weeks after the Modi government announced a new electric vehicle policy that would have given import tax concessions to companies that spent at least $500 million on electric vehicles that had planned to set up manufacturing units in the country with investment of Rs.

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