CNBC Inside India: Musk and Modi [CNBC]
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Like what you see? You can subscribe here. Tesla chief Elon Musk is set to meet Indian Prime Minister Narendra Modi soon, and the timing couldn't be any better. For whom, you ask? Both! India is gearing up for a general election that will be conducted over a month and a half. The governing party, BJP, is widely expected to win and has pledged to attract foreign investment and boost economic growth. Manufacturing features prominently in its manifesto released earlier this week. So it's no surprise that the incumbent wants to show off Musk's presence in India. After all, the Tesla boss employs around 140,000 people globally and manufactures one of the most advanced cars in the world. For Musk, a battered stock and a global slowdown in auto sales are obvious motivators for his visit to booming India. Investors would welcome any news that the world's largest EV maker was going to enter the third-largest auto market. To make things easier, India lowered the barrier to entry f
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