By Aditi Shah and Aditya Kalra

NEW DELHI, April 20 (Reuters) - Tesla chief

Elon Musk has postponed a planned trip to India where he was to

meet Prime Minister Narendra Modi on Monday and announce plans

to enter the South Asian market, three people familiar with the

matter said on Saturday.

Reuters could not immediately determine why Musk postponed

the trip. Tesla and Modi's office did not immediately respond to

requests for comment.

After Reuters reported his India trip plans on April 10, the

CEO posted on X: "Looking forward to meeting with Prime Minister

Narendra Modi in India!"

In New Delhi, Musk was expected to announce an investment of

$2 billion to $3 billion, mainly to build a factory in India,

after the government announced a policy lowering high tariffs on

imported cars if companies invest locally, Reuters has reported.

Musk's planned Sunday arrival was to have come two days

after the start of India's nation election, in which Modi is

forecast to win a rare third term.