Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

India committed to attracting big companies, says Nirmala after Musk postpones visit

Barely hours after the U.S. billionaire Elon Musk announced on his social media platform X that he would be postponing his visit to India — scheduled for April 21-22 — to “later this year” owing to “Tesla obligations”, Union Finance Minister Nirmala Sitharaman said that India was committed to making policies to attract big companies for investment in the wake of growing concerns around China.

“Policies have been made to attract investments. We want manufacturers and investors to come and produce not just for India but also for exports. We will try to attract manufacturers and investors through policies,” she said while responding to a query about Mr. Musk’s visit.

“When big companies show interest to come to India, we will do everything to make it attractive for them to come and invest. In that process, if there is anything to discuss, we will certainly discuss. But whatever we have done, we have done it through policy,” she added.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.