India, April 19 -- Prime Minister Narendra Modi held a teleconference with American billionaire Elon Musk on Friday and said they discussed matters of shared interests in technology, innovation, space and mobility domains.

People aware of the matter later said the government is working on expeditious regulatory approvals for Musk's investment plans in India through Tesla electric vehicles and SpaceX's satellite communications.

"Spoke to @elonmusk and talked about various issues, including the topics we covered during our meeting in Washington DC earlier this year. We discussed the immense potential for collaboration in the areas of technology and innovation. India remains committed to advancing our partnerships with the US in these doma...