India’s strategic investments in energy security have bolstered the country’s resilience amid the ongoing conflict involving Iran and Gulf countries, according to Prime Minister Narendra Modi. Speaking at the inauguration of infrastructure projects worth over ₹15,600 crore in Karnataka, Modi emphasized efforts to enhance domestic fuel production, expand crude oil storage, and develop renewable energy sources.
At the Indian Institute of Management Bangalore, Modi underscored India’s achievements in renewable energy, notably crossing 300 gigawatts in capacity. He highlighted initiatives like the PM Surya Ghar Muft Bijli Yojana for rooftop solar installations and the PM-KUSUM scheme for solar-powered irrigation pumps, emphasizing the nation’s commitment to sustainable energy.
During his visit, Modi inaugurated a new section of the Bengaluru Metro, extending its operational length beyond 100 kilometers. He also laid the foundation for key projects, including an LPG facility in Mangaluru that will add 80,000 metric tonnes to India’s storage capacity, and the Devangonthi marketing terminal aimed at improving the supply of petrol, diesel, and aviation fuel. Additionally, a compressed biogas plant in Bengaluru is expected to produce around 13 tonnes of biogas daily, reducing waste and reliance on imported natural gas.
Modi pointed out that India’s growing middle class is a significant driver of economic growth, spurring demand in sectors such as automobiles, electronics, and healthcare. He also highlighted advancements in space technology, noting the practical applications of satellite technology in areas like weather forecasting, railway monitoring, and crop insurance assessments.
In Mysuru, the Prime Minister mentioned that opening the space sector to private companies and startups has created opportunities for innovation and enhanced India’s technological capabilities. He praised the country’s progress in space technology, astronomy, and scientific research, which support various national development goals.