Prime Minister Narendra Modi emphasized that India’s strategic investments in energy security over the past decade have bolstered the nation’s resilience amidst the ongoing conflict in West Asia. During the inauguration of infrastructure projects worth over ₹15,600 crore in Karnataka, Modi highlighted efforts to enhance domestic fuel production and expand renewable energy sources as central to withstanding regional disruptions.
Speaking at the Indian Institute of Management Bangalore, Modi outlined various initiatives aimed at increasing fuel storage and distribution capacity, including the development of crude oil storage facilities and the promotion of renewable energy projects like solar, wind, and hydropower. He inaugurated a new section of the Bengaluru Metro, extending its network beyond 100 kilometers, and laid the foundation stone for several key projects, such as an LPG facility in Mangaluru and the Devangonthi marketing terminal, which will significantly boost India’s fuel supply infrastructure.
Among the notable projects, the LPG facility in Mangaluru is set to enhance the country’s storage capacity by 80,000 metric tonnes. Additionally, a new compressed biogas plant in Bengaluru is anticipated to produce around 13 tonnes of biogas daily, contributing to reduced waste and less reliance on imported natural gas. Modi noted that India’s renewable energy capacity has surpassed 300 gigawatts, further underscoring the nation’s commitment to sustainable energy solutions.
Modi discussed the economic impact of India’s burgeoning middle class, which he identified as a key driver of growth across multiple sectors, including automobiles, electronics, and tourism. The Prime Minister also addressed advancements in space technology, noting the practical applications of satellite technology in areas such as weather forecasting, railway monitoring, and crop insurance assessments.
During his visit to Mysuru, Modi praised India’s progress in opening the space sector to private companies and startups, which has fostered innovation and strengthened technological capabilities. These developments, he argued, are pivotal to maintaining India’s economic and technological momentum amid global uncertainties.