Poonawalla woos Musk to India
SII CEO Adar Poonawalla on Sunday wooed Elon Musk to invest in India to manufacture Tesla electric cars
New Delhi: Serum Institute of India (SII) CEO Adar Poonawalla on Sunday wooed Elon Musk to invest in India to manufacture Tesla electric cars, saying it will be the best investment he would have ever made.
Musk, who has made a successful $44 billion acquisition bid for Twitter, had in the past asked India to reduce import duties to sell Tesla electric cars, but the government has insisted on local manufacturing. In a post on Twitter, tagging Musk, Poonawalla said, "just in case you don't end up buying @Twitter, do look at investing some of that capital in India for high-quality large-scale manufacturing of @Tesla cars."