In an interview with ANI, Prime Minister Narendra Modi stressed the importance of ensuring that investments in Bharat are accompanied by the employment of Bharatiya labor. He highlighted the significance of reflecting the essence of Bharat’s soil in manufactured products, aiming to provide employment opportunities for the nation’s youth. PM Modi expressed his welcoming stance towards global investment while emphasizing the need for Bharatiya employees to be predominantly involved in the work.
Addressing queries regarding Elon Musk’s interest in Bharat, PM Modi clarified that Musk’s support extends beyond him personally to Bharat as a whole. He mentioned a recent meeting with Musk during his visit to the US in 2023, where he gained insights into Musk’s vision. PM Modi hinted at potential collaborations, anticipating Musk’s visit to Bharat.
Musk’s interest in investing in Bharat, particularly in the electric vehicle (EV) sector, has drawn attention. PM Modi highlighted Bharat’s commitment to embracing electric vehicles and showcased the remarkable growth in the EV sector, with sales soaring from 2,000 units in 2014-15 to 1.2 million units in 2023-24. He encouraged companies to invest in the burgeoning EV sector, emphasizing Bharat’s progress in EV infrastructure and policy initiatives.
While Musk’s agenda for his Bharat visit remains undisclosed, expectations are high for potential significant investments in the country, particularly in the EV sector. Musk’s recent comments affirming the need for electric cars in Bharat align with the nation’s efforts to transition towards sustainable mobility.
PM Modi reiterated Bharat’s invitation to global companies, highlighting the conducive environment for investment and growth, especially in emerging sectors like electric vehicles. His emphasis on Bharatiya hands involvement reflects a broader vision of leveraging investments for the benefit of the nation’s youth and economy.
PM Modi’s stance underscores Bharat’s eagerness to attract foreign investments while ensuring the empowerment of its own workforce. The anticipated collaboration with Elon Musk holds promise for bolstering Bharat’s position in the global economy and accelerating its transition towards sustainable development.
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