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PoliticsModi Highlights Energy Investments Boosting India's Resilience Amid Gulf...

Modi Highlights Energy Investments Boosting India’s Resilience Amid Gulf Conflicts

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Prime Minister Narendra Modi highlighted India’s strides in energy security as a key factor in bolstering the country’s resilience amid ongoing geopolitical tensions in West Asia. During a visit to Karnataka, where he inaugurated infrastructure projects totaling over ₹15,600 crore, Modi emphasized the impact of India’s energy investments on maintaining stability despite disruptions from the conflict involving Iran and Gulf countries.

Speaking at the Indian Institute of Management Bangalore, Modi detailed efforts in increasing domestic fuel production, developing crude oil storage facilities, and expanding renewable energy sources such as solar, wind, and hydropower. He noted that India’s renewable energy capacity has now surpassed 300 gigawatts, citing initiatives like the PM Surya Ghar Muft Bijli Yojana for rooftop solar installations and solar-powered irrigation pumps under the PM-KUSUM scheme.

Among the infrastructure developments inaugurated was a new section of the Bengaluru Metro, extending its operational length to over 100 kilometers. Modi also laid the foundation for projects aimed at enhancing fuel storage and distribution, including an LPG facility in Mangaluru designed to boost storage capacity by 80,000 metric tonnes and the Devangonthi marketing terminal for improved petrol, diesel, and aviation fuel supply. A new compressed biogas plant in Bengaluru is set to produce around 13 tonnes of biogas daily, contributing to waste reduction and decreased reliance on imported natural gas.

Modi underscored the role of India’s expanding middle class as a catalyst for economic growth, driving demand in sectors such as automobiles, electronics, tourism, education, and healthcare. He also highlighted advancements in space technology, noting its practical applications in weather forecasting, railway monitoring, and crop insurance assessments. The opening of the space sector to private companies and startups, he added, has spurred innovation and strengthened technological capabilities.

During his visit to Mysuru, the Prime Minister celebrated India’s progress in astronomy and scientific research, further cementing the nation’s position in space technology. He stressed that these advancements not only enhance India’s technological prowess but also provide tangible benefits to various sectors, illustrating the multifaceted approach to resilience and development.

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