Prime Minister Narendra Modi on Monday said that he wants investment in India, and irrespective of who invests, the project must employ Indians, referring to billionaire Elon Musk’s entry into the Indian market.
In an interview with news agency Asian News International (ANI), PM Modi said, “whoever wishes to invest can, but it must be built by Indians so that the youth of my country get employment.”
The Prime Minister also said that Elon Musk is supporter of Modi. “He is a supporter of India.”
Media reports have suggested that Musk will be visiting India soon to meet with PM Modi. During his 48-hour visit, Musk is likely to make important announcements related to Tesla and Starlink in India.
According to a MoneyControl report, the Department of Telecommunications (DoT) has expedited the process of granting a licence for Starlink service. The report, citing sources, said the department could also issue a letter of intent (LoI) and trial spectrum to Starlink.
“Due diligence is in an advanced stage, and DoT is having inter-ministerial discussions because of a security issue,” the report quoted a senior government official as saying.
Apart from meeting the Prime Minister, Musk is also expected to meet other key officials like Commerce and Industry Minister Piyush Goyal.
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