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Elon Musk has scheduled a meeting with Indian Prime Minister Modi on Tuesday

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Tesla CEO Elon Musk is scheduled to meet Indian Prime Minister Narendra Modi in New York today during Modi’s visit to the United States, according to two sources familiar with the situation.

Musk and Modi are expected to discuss Tesla’s ambitions in the country, setting up a manufacturing base and possible incentives for battery production. Tesla discussed operations in India in the pastbut there has been no agreement yet.

Tesla’s largest manufacturing base outside the US is in China, and it is also working on a large facility outside of Berlin. In March, Tesla unveiled its plans build a factory in Mexico.

The meeting comes as more US multinationals seek to diversify outside of China and expand their supply chain footprint. The Indian government also has ambitions to bring more electric vehicles to the country as it tries to catch up with China and Europe. Tata Motors, Mahindra & Mahindra and Ola Electric are among the leading domestic EV manufacturers in India. While India is widely seen as a growth market for the wider automotive industry, the International Energy Agency predicts that EV sales still represent a small share of the global market.

“In India and all regions outside the three main EV markets, EV sales are expected to account for 2-3% of car sales in 2023, a relatively small but still growing share,” notes the IEA.

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