India’s strategic investments in energy security have bolstered its resilience amid the ongoing conflict in West Asia, according to Prime Minister Narendra Modi. Speaking at the Indian Institute of Management Bangalore, Modi emphasized the importance of these measures in sustaining the country’s stability during disruptions caused by tensions involving Iran and Gulf nations.
During his visit to Karnataka, where he inaugurated a series of infrastructure projects worth over ₹15,600 crore, Modi highlighted key developments in India’s energy sector. These include boosting domestic fuel production, expanding crude oil storage facilities, and enhancing renewable energy sources such as solar, wind, and hydropower.
As part of the infrastructure expansion, Modi inaugurated a new section of the Bengaluru Metro, extending the network’s operational length beyond 100 kilometers. He also laid the foundation stone for several projects aimed at strengthening fuel storage and distribution, including an LPG facility in Mangaluru that will increase storage capacity by 80,000 metric tonnes and the Devangonthi marketing terminal to improve fuel supply chains.
Modi noted India’s renewable energy capacity had surpassed 300 gigawatts, with significant contributions from initiatives like the PM Surya Ghar Muft Bijli Yojana for rooftop solar installations and the PM-KUSUM scheme for solar-powered irrigation pumps. Additionally, a compressed biogas plant in Bengaluru is set to produce about 13 tonnes of biogas daily, reducing waste and reliance on imported natural gas.
Beyond energy, Modi pointed to India’s burgeoning middle class as a vital engine for economic growth, driving demand across sectors such as automobiles, electronics, tourism, education, and healthcare. He also praised advancements in space technology and scientific research, citing practical applications such as weather warnings for fishermen and crop insurance assessments facilitated by satellite technology.
The Prime Minister remarked on the positive impact of allowing private companies and startups into the space sector, which has fostered innovation and enhanced India’s technological capabilities. Throughout his engagements in Mysuru, Modi underscored the nation’s progress and the multifaceted strategies in place to support its continued development.