
विक्रांत सिंह शेखावत
- भारत,
- 13-Feb-2025,
- (अपडेटेड 12-Feb-2025 10:33 PM IST)
PM Modi America Tour: Prime Minister Narendra Modi is on a US tour these days, where he is scheduled to meet President Donald Trump. During this visit, discussions have intensified regarding Tesla's entry into India. Especially because Elon Musk has also got an important role in the Trump administration.Impact on trade relationsDonald Trump has been in favor of imposing high taxes on imports from India, while Elon Musk has also expressed his concerns about business in India. He believes that high import duty rates are hindering Tesla's entry into India. In such a situation, the possible talks between PM Modi and Trump can lead to important decisions on this issue.Will Tesla enter India?Last year, the Indian government made several changes in the Electric Vehicle (EV) policy. Telecom regulator TRAI has also indicated that investment opportunities are increasing in India for new telecom and satellite companies. Due to this, it is being speculated that Tesla and Starlink may be encouraged to do business in India.Elon Musk has been trying to enter the Indian market for a long time, but his biggest issue is high tariffs. Now that he is part of the Trump administration, he has a better chance to bargain with the Indian government.New signs regarding investmentElon Musk had planned to meet PM Modi in March, which was postponed at the last moment. However, the Indian government has reduced the EV import duty from 70-100% to 15%. But this exemption will be applicable only when foreign companies assure investment in India.Musk's growing influenceElon Musk's role has become even more important in Donald Trump's new government. He has been made the head of the 'Department of Government Efficiency' (DOGE), which will work to cut government expenditure and increase administrative efficiency.After the Modi-Trump meeting, it will be interesting to see how fast Tesla and Starlink move towards investing in India.