Elon Musk Postpones India Visit Due to ‘Very Heavy Tesla Obligations’

Elon Musk Postpones India Visit Due to ‘Very Heavy Tesla Obligations’

Tesla Inc. Chief Executive Officer Elon Musk said he is postponing a visit to India which would have included a meeting with Prime Minister Narendra Modi. “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this…

India Approves Micron’s $2.7 Billion Semiconductor Testing Plant Ahead of PM Modi’s US Visit: Report

India Approves Micron’s $2.7 Billion Semiconductor Testing Plant Ahead of PM Modi’s US Visit: Report

India’s cabinet has approved US chipmaker Micron Technology’s $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit, a senior government source said on Tuesday ahead of Prime Minister Narendra Modi’s state visit to the US. The government agreed production-linked incentives worth Rs. 110 billion…