The US aviation and energy giant signed a memorandum of understanding with HAL, which includes the potential joint production of GE Aerospace's F414 engines in India

Musk says it's "quite likely there will be a significant investment in our relationship with India in the future,” adding that he thinks "India has more promise than any large country in the world"

It’s feared the hiring slowdown could affect consumption amid warnings of economic ‘headwinds' and with the IT sector accounting for 8% of India's GDP

Musk's comment represents a shift in stance for Tesla, which saw talks with the Narendra Modi-led government hit a deadlock last year

CEO Tim Cook believes emerging markets, with their younger populations and fewer iPhones, will bring more prospects for growth for Apple

The Apple CEO is in India to inaugurate the US tech giant’s first retail stores in the world's biggest smartphone market after China

"The energy, creativity, and passion in Mumbai is incredible!" CEO Tim Cook, making his first visit to India in seven years, said on Twitter

"If we have a choice of either our people go to prison or we comply with the laws, we will comply with the laws," Elon Musk said in a BBC broadcast live on Twitter Spaces

The brightly-lit store, still in barricades, was "inspired by the iconic Kaali Peeli taxi art unique to Mumbai," Apple said in a statement

The accounts included several Indian journalists, Canadian poet Rupi Kaur and BBC News' Punjab bureau

The data follows the iPhone-maker’s efforts to diversify production out of China, along with increasing investments in India from its suppliers

Earlier this month, Foxconn said it was seeking cooperation in India in new areas like chips and electric vehicles after a visit to the country by its chairman