Prime Minister Narendra Modi emphasized that India’s strategic investments in energy security over the past decade have bolstered the country’s resilience against disruptions from the ongoing conflict in West Asia. Speaking at the inauguration of infrastructure projects worth over ₹15,600 crore in Karnataka, Modi highlighted 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 advancements in renewable energy, with the nation’s capacity surpassing 300 gigawatts. He discussed initiatives such as the PM Surya Ghar Muft Bijli Yojana for rooftop solar installations and the PM-KUSUM scheme for solar-powered irrigation pumps, which are pivotal in reducing dependency on imported fuels.
During his visit, Modi inaugurated a new Bengaluru Metro section, extending the network’s operational length beyond 100 kilometers. He also laid the foundation for key infrastructure and energy projects aimed at enhancing fuel storage, distribution, and waste management. Notable projects include an LPG facility in Mangaluru to boost storage capacity by 80,000 metric tonnes and a marketing terminal in Devangonthi to improve the supply of petrol, diesel, and aviation fuel. Additionally, a compressed biogas plant in Bengaluru is set to produce about 13 tonnes of biogas daily.
Modi also pointed out the economic impact of India’s growing middle class, which is driving demand across sectors such as automobiles, electronics, tourism, education, and healthcare. This demographic shift is a significant factor in the country’s ongoing economic development.
In Mysuru, Modi highlighted India’s strides in space technology and scientific research, mentioning the practical applications of satellite technology for weather warnings, railway monitoring, and crop insurance assessments. He noted that opening the space sector to private companies and startups has fostered innovation and strengthened India’s technological prowess.