<div id="readability-page-1"><div><div>After the debut of Tesla Inc. TSLA in India with a maiden outlet in the country's financial capital, Mumbai, Elon Musk's ambitions to expand his presence in the Indian market got a boost as Starlink received regulatory approval to begin operations in the country.Check out the current price of TSLA stock here.What Happened: Starlink was handed a license by the Indian National Space Promotion and Authorisation Centre, in what was the final regulatory hurdle for the space-based satellite internet company, the New York Times reported on Thursday.However, challenges still lie ahead for Starlink, which would have to develop domestic sites in India to store data, required by Indian law for national security reasons, as well as infrastructure to connect to the LEO satellites, the report suggests.Indian law also requires Starlink to shut off access to the internet using its services whenever the government issues a request to the company, the report outlines.Why It Matters: Tesla's entry into the country marks a significant milestone for Musk, as the billionaire had been eyeing the Indian market for a while. With the debut, Tesla will initially sell the Model Y in India for $70,000 for the base-spec Rear-Wheel Drive variant.Elsewhere, Starlink signed agreements with Bharti Airtel as well as Indian billionaire Mukesh Ambani's Jio Platforms Ltd., the country's two top telecom networks, to offer internet services in the country.Meanwhile, Tesla's annual shareholder meeting is set to take place on November 6th, with experts like Wedbush Securities' analyst Dan Ives suggesting that Musk's $56B pay package would likely be in focus.Tesla offers Satisfactory Momentum and Quality, while scoring well on the Growth metric, but offering poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!Check out more of Benzinga's Future Of Mobility coverage by following this link.<ul> <li>Elon Musk’s xAI Faces Backlash From NAACP, Environmental Groups Over Memphis Data Center’s Gas-Burning Turbine Permit</li> </ul>Photo courtesy: Shutterstock</div></div></div>

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Elon Musk's ambitions in India received a boost as Starlink gained regulatory approval to operate following Tesla's debut in Mumbai. Starlink received a license from the Indian National Space Promotion and Authorisation Centre, but must develop domestic data storage and infrastructure to comply with Indian law. Tesla's entry is significant, with plans to sell the Model Y starting at $70,000. Starlink has also partnered with Bharti Airtel and Jio Platforms for internet services. Tesla's shareholder meeting is on November 6, with Musk's pay package expected to be a key topic.

- Tesla Inc. has opened its first outlet in Mumbai, marking a significant step in Elon Musk's expansion into the Indian market.  
- Starlink has received regulatory approval from the Indian National Space Promotion and Authorisation Centre, but must establish domestic data storage and infrastructure to comply with local laws.  
- Tesla plans to sell the Model Y in India for $70,000, while Starlink has partnered with major telecom companies to provide internet services.

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Elon Musk's India Ambitions Get Major Boost As Starlink Gets Approval Following Tesla's Mumbai Debut