{"id":4109,"date":"2025-02-14T10:51:32","date_gmt":"2025-02-14T10:51:32","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=4109"},"modified":"2025-05-13T18:34:49","modified_gmt":"2025-05-13T13:04:49","slug":"elon-musk-meets-modi-what-does-musk-want-from-india","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/elon-musk-meets-modi-what-does-musk-want-from-india\/","title":{"rendered":"Elon Musk Meets Modi: What Does Musk Want from India?"},"content":{"rendered":"<p data-start=\"105\" data-end=\"120\">Highlights:<\/p>\n<ul data-start=\"122\" data-end=\"641\">\n<li data-start=\"111\" data-end=\"187\">Musk wants to launch Starlink in India but faces regulatory hurdles.<\/li>\n<li data-start=\"188\" data-end=\"260\">Tesla&#8217;s India entry remains uncertain due to high import duties.<\/li>\n<li data-start=\"261\" data-end=\"347\">Musk &amp; Modi discussed collaboration in AI, space, and sustainable development.<\/li>\n<li data-start=\"348\" data-end=\"433\">India\u2019s satellite broadband market is competitive, dominated by Reliance Jio.<\/li>\n<li data-start=\"434\" data-end=\"517\">New EV policy may encourage Tesla to set up a manufacturing plant in India.<\/li>\n<\/ul>\n<h2 data-start=\"524\" data-end=\"574\">Why Did Elon Musk Meet Narendra Modi?<\/h2>\n<p data-start=\"576\" data-end=\"777\">Indian Prime Minister Narendra Modi met Elon Musk during his U.S. visit, where he also met President Donald Trump. While exact details remain unclear, the discussions revolved around:<\/p>\n<ul>\n<li data-start=\"779\" data-end=\"993\">Starlink&#8217;s entry into India<\/li>\n<li data-start=\"779\" data-end=\"993\">Tesla\u2019s India plans &amp; high import duties<\/li>\n<li data-start=\"779\" data-end=\"993\">Strengthening India-U.S. collaboration in AI &amp; space tech<\/li>\n<li data-start=\"779\" data-end=\"993\">Boosting innovation, mobility &amp; sustainable development<\/li>\n<\/ul>\n<p data-start=\"995\" data-end=\"1162\">Trump&#8217;s reaction? At a press conference with Modi, Trump admitted he wasn\u2019t sure why Musk met Modi but guessed it was about &#8220;doing business in India.&#8221;<\/p>\n<h2 data-start=\"1169\" data-end=\"1231\">Musk\u2019s Biggest Bet: Bringing Starlink to India<\/h2>\n<p data-start=\"1233\" data-end=\"1368\">Musk wants to bring Starlink satellite internet to India, but faces strong regulatory hurdles &amp; resistance from Reliance Jio.<\/p>\n<h3 data-start=\"1370\" data-end=\"1410\">Why India is Key for Starlink:<\/h3>\n<ul data-start=\"1411\" data-end=\"1626\">\n<li data-start=\"1411\" data-end=\"1480\">40% of India\u2019s 1.4 billion people still lack internet access.<\/li>\n<li data-start=\"1481\" data-end=\"1551\">Huge demand for rural broadband in remote &amp; mountainous areas.<\/li>\n<li data-start=\"1552\" data-end=\"1626\">Starlink offers low-latency internet via 6,900+ active satellites.<\/li>\n<\/ul>\n<h3 data-start=\"1628\" data-end=\"1671\">Challenges for Starlink in India:<\/h3>\n<p data-start=\"1672\" data-end=\"2019\">Regulatory Hurdles: India\u2019s telecom ministry hasn\u2019t approved Starlink due to security concerns.<br data-start=\"1774\" data-end=\"1777\" \/>Reliance Jio\u2019s Opposition: Jio argues satellite spectrum should be auctioned, while Musk wants direct allocation.<br data-start=\"1897\" data-end=\"1900\" \/>High Pricing Issue: India has cheapest mobile data rates globally\u2014Starlink\u2019s premium pricing may struggle.<\/p>\n<p data-start=\"2021\" data-end=\"2155\">India has now agreed to assign satellite spectrum instead of auctioning it, which could pave the way for Starlink\u2019s approval.<\/p>\n<h2 data-start=\"2162\" data-end=\"2231\">Tesla\u2019s Struggles: High Tariffs Blocking India Entry<\/h2>\n<p data-start=\"2233\" data-end=\"2335\">Musk\u2019s Tesla has been eyeing India for years, but high import duties remain a big challenge.<\/p>\n<p data-start=\"2337\" data-end=\"2521\">India imposes up to 100% import tax on fully built foreign cars, making Tesla models too expensive.<br data-start=\"2443\" data-end=\"2446\" \/>EV market is still small (only 2% of total car sales in 2023).<\/p>\n<h3 data-start=\"2523\" data-end=\"2576\">New Opportunity: India\u2019s EV Policy (2024)<\/h3>\n<p data-start=\"2577\" data-end=\"2702\">India recently announced a new policy offering lower tariffs on EVs if foreign carmakers commit to local manufacturing.<\/p>\n<p data-start=\"2704\" data-end=\"2836\">Musk previously said Tesla will be in India &#8220;as soon as humanly possible&#8221;\u2014this policy could accelerate Tesla\u2019s India entry.<\/p>\n<h2 data-start=\"2843\" data-end=\"2907\">Space, AI &amp; Innovation: Strengthening US-India Ties<\/h2>\n<p data-start=\"2909\" data-end=\"3006\">Apart from Starlink &amp; Tesla, Musk and Modi discussed expanding India-U.S. collaboration in:<\/p>\n<ul>\n<li>AI &amp; Space Exploration \u2013 Potential partnerships with ISRO &amp; private Indian space firms.<\/li>\n<li>Sustainable Development \u2013 Advancing clean energy &amp; EV technology.<\/li>\n<li>Entrepreneurship &amp; Governance \u2013 Promoting innovation &amp; digital infrastructure.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.niftytrader.in\/content\/news\/trump-modi-talks-fighter-jets-trade-wars-making-india-great-again\/\">Also Read: Trump-Modi Talks: Fighter Jets, Trade Wars, &amp; \u201cMaking India Great Again<\/a><\/p>\n<h2 data-start=\"3274\" data-end=\"3316\">What\u2019s Next for Musk &amp; India?<\/h2>\n<p data-start=\"3318\" data-end=\"3674\">Will India approve Starlink? The government has softened its stance, but Reliance Jio\u2019s opposition remains a hurdle.<br data-start=\"3441\" data-end=\"3444\" \/>Will Tesla finally enter India? The new EV policy could be a game-changer if Tesla commits to local production.<br data-start=\"3562\" data-end=\"3565\" \/>Will India partner with SpaceX? Modi\u2019s push for AI &amp; space tech aligns with Musk\u2019s long-term vision.<\/p>\n<h3 data-start=\"3676\" data-end=\"3744\">Final Verdict: Musk Wants India, But Does India Want Musk?<\/h3>\n<p data-start=\"3745\" data-end=\"3986\" data-is-last-node=\"\">Elon Musk sees massive opportunities in India, but regulatory &amp; market challenges remain. With Modi\u2019s push for innovation &amp; self-reliance, Musk may have to adapt his business strategy before India fully opens its doors to him.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlights: Musk wants to launch Starlink in India but faces regulatory hurdles. Tesla&#8217;s India entry remains uncertain due to high import duties. Musk &amp; Modi discussed collaboration in AI, space, and sustainable development. India\u2019s satellite broadband market is competitive, dominated by Reliance Jio. New EV policy may encourage Tesla to set up a manufacturing plant [&hellip;]<\/p>\n","protected":false},"author":1,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[41],"class_list":{"0":"post-4109","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":41,"user_id":1,"is_guest":0,"slug":"niftynews","display_name":"NiftyTrader","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/01\/Logo-1.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/01\/Logo-1.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=4109"}],"version-history":[{"count":4,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4109\/revisions"}],"predecessor-version":[{"id":8641,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/4109\/revisions\/8641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/4111"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=4109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=4109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=4109"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=4109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}