Published By : Admin |
September 21, 2016 | 14:36 IST
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PM Narendra Modi chairs meeting to review steps towards holistic development of island
Emphasizing the strategic importance of India’s island wealth, PM Modi stresses the potential for tourism in these areas
PM Modi urges officials to speedily firm up plans for island development
The Prime Minister, Shri Narendra Modi, on September 20, 2016 chaired a high-level meeting to review the steps towards holistic development of islands.
The Prime Minister was given a presentation on the vision for holistic development, which involved inputs from the NITI Aayog, the Ministry of Home Affairs, and other senior officials.
India has a total of 1382 offshore islands, out of which officials have initially proposed 26, which could be considered for holistic development. These 26 islands are located along different parts of India’s coastline, including some in the Andamans and Lakshadweep. Officials informed the Prime Minister that developmental activities shall be centred around basic infrastructure, tourism, agriculture (including organic agriculture and fisheries), and carbon-neutral energy generation.
Emphasizing the strategic importance of India’s island wealth, the Prime Minister stressed the potential for tourism in these areas. Urging the officials to speedily firm up plans for island development, the Prime Minister said solar energy should be used extensively in this exercise.
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.
