New Delhi: Tesla CEO Elon Musk has revealed his company's plans to invest in India and bring its electric vehicles to the country. Musk made this announcement during an interview with India Today following his meeting with Indian Prime Minister Narendra Modi at the New York Palace hotel.

Expressing confidence, Musk stated that Tesla is actively working to enter the Indian market "as soon as humanly possible." He also expressed interest in establishing a manufacturing facility in India, which would help lower the cost of Tesla vehicles and make them more accessible to the Indian consumers.

In addition to Tesla's plans, Musk revealed that SpaceX, his aerospace company, is also eyeing the Indian market. SpaceX aims to introduce its satellite internet network, Starlink, in India. By leveraging this network, remote and rural areas of the country could receive high-speed internet access.

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India, eager to attract investments from Tesla, considers this announcement a significant victory. The nation boasts a large and expanding market for electric vehicles, and Tesla's entry could greatly bolster the Indian automotive industry.

Environmental groups also celebrated the news, as they have been advocating for India to reduce its dependence on fossil fuels. They view Tesla's arrival as a catalyst for accelerating the country's transition towards a cleaner and more sustainable energy future.

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While the specific timeline for Tesla's entry into the Indian market remains unclear, Musk's announcement signals a positive outlook for the company's future prospects in India.

In a related development, SpaceX has submitted an application seeking permission to launch its Starlink satellites from India. If approved, this would mark the first time Starlink satellites are launched from a non-US location.

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The news of Tesla and SpaceX's interest in India brings a substantial boost to the country's burgeoning space and technology sectors. It further highlights India's growing significance as a global market for innovative companies.