The two leaders note progress in bilateral cooperation as India and South Africa celebrate 30th anniversary of diplomatic relations.
President Ramaphosa briefs PM on the p=eparations underway for the BRICS Summit.
PM looks forward to his visit to Johannesburg to participate in the BRICS Summit.
President Ramaphosa conveys his full support to India’s G20 Presidency.
Prime Minister Narendra Modi had a telephone conversation today with His Excellency, Mr. Matemela Cyril Ramaphosa, President of the Republic of South Africa.
The two leaders positively assessed the progress in bilateral cooperation, including in the context of the thirtieth anniversary of establishment of bilateral diplomatic relations being celebrated in 2023.
President Ramaphosa invited PM for the BRICS Summit being hosted by South Africa on August 22-24, 2023 and briefed him on the preparations for the same. PM accepted the invitation and conveyed that he looked forward to his visit to Johannesburg to participate in the Summit.
They also exchanged views on a number of regional and global issues of mutual interest.
President Ramaphosa conveyed his full support to India’s initiatives as part of its ongoing G-20 Presidency and said that he looked forward to visiting India to attend the G-20 Summit.
CEOs express strong confidence in India’s growth trajectory
CEOs express keen interest in expanding their business presence in India
PM says India will play decisive role in the global energy demand-supply balance
PM highlights investment potential of around USD 100 billion in exploration and production, citing investor-friendly policy reforms introduced by the government
PM calls for innovation, collaboration, and deeper partnerships, across the entire energy value chain
Prime Minister Shri Narendra Modi interacted with CEOs of the global energy sector as part of the ongoing India Energy Week (IEW) 2026, at his residence at Lok Kalyan Marg earlier today.
During the interaction, the CEOs expressed strong confidence in India’s growth trajectory. They conveyed their keen interest in expanding and deepening their business presence in India, citing policy stability, reform momentum, and long-term demand visibility.
Welcoming the CEOs, Prime Minister said that these roundtables have emerged as a key platform for industry-government alignment. He emphasized that direct feedback from global industry leaders helps refine policy frameworks, address sectoral challenges more effectively, and strengthen India’s position as an attractive investment destination.
Highlighting India’s robust economic momentum, Prime Minister stated that India is advancing rapidly towards becoming the world’s third-largest economy and will play a decisive role in the global energy demand-supply balance.
Prime Minister drew attention to significant investment opportunities in India’s energy sector. He highlighted an investment potential of around USD 100 billion in exploration and production, citing investor-friendly policy reforms introduced by the government. He also underscored the USD 30 billion opportunity in Compressed Bio-Gas (CBG). In addition, he outlined large-scale opportunities across the broader energy value chain, including gas-based economy, refinery–petrochemical integration, and maritime and shipbuilding.
Prime Minister observed that while the global energy landscape is marked by uncertainty, it also presents immense opportunity. He called for innovation, collaboration, and deeper partnerships, reiterating that India stands ready as a reliable and trusted partner across the entire energy value chain.
The high-level roundtable saw participation from 27 CEOs and senior corporate dignitaries representing leading global and Indian energy companies and institutions, including TotalEnergies, BP, Vitol, HD Hyundai, HD KSOE, Aker, LanzaTech, Vedanta, International Energy Forum (IEF), Excelerate, Wood Mackenzie, Trafigura, Staatsolie, Praj, ReNew, and MOL, among others. The interaction was also attended by Union Minister for Petroleum and Natural Gas, Shri Hardeep Singh Puri and the Minister of State for Petroleum and Natural Gas, Shri Suresh Gopi and senior officials of the Ministry.
