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High speed rail will begin a new chapter in new India's journey: PM Modi
India-Japan partnership has grown on several fronts, cooperation in clean energy and climate change have increased: PM
Japan has become third largest investor in India, in 2016-17 it invested over $4.7 million: PM Modi
Our focus is on ease of doing business in India, Skill India, taxation reforms and Make in India: PM Modi

His Excellency, Prime Minister Shinzo Abe, Distinguished 

Delegates, 

Members of the media, 

Konnichiva (Good Afternoon/Namaskar) 

I’m delighted that I got the opportunity to welcome my unique friend, Prime Minister Shinzo Abe in India, especially in Gujarat. Prime Minister Abe and I have met several times on the sidelines of global conferences but welcoming him in India is a matter of great happiness for me. Yesterday, I had the opportunity to visit the Sabarmati Ashram with him. Today both of us visited the Dandi Kutir. This morning, together we carried out the ground-breaking ceremony of Mumbai-Ahmedabad high speed railway project, which is being built with Japanese cooperation. This is a very big step. This is not just the beginning of high speed rail. While looking forward at our future needs, I consider this new railway philosophy as the lifeline of a New India. India's uninterrupted progress has now been attached to a much faster pace. 

Friends, 

Mutual trust and faith, understanding of each other's interests and concerns, and continuous high level interactions, this is the uniqueness of Indo-Japan relations. The scope of our special strategic and global partnership is not confined to bilateral or regional levels only. We also have close cooperation on global issues. Last year, during my visit to Japan, we had a historic agreement for peaceful use of nuclear energy. I express my gratitude to the people of Japan, Parliament of Japan, and especially Prime Minister Abe for its ratification. This agreement has added a new chapter to our cooperation on the issue of clean energy and climate change. 

Friends, 

In 2016-17, India got Japanese investment worth $ 4.7 billion which is 80 percent more than the previous year. Now Japan is the third largest investor in India. It clearly shows how much confidence and optimism is prevalent in Japan towards India's economic development and a golden tomorrow. And by looking at this investment, it can be assumed that in the coming days people-to-people ties between India and Japan will grow further along with a growing business. We already provide visa on arrival facilities to citizens of Japan and now after the collaboration between India Post and Japan Post we are going to introduce a Cool Box Service so that the Japanese people living in India can directly get their favorite food from Japan. At the same time, I would also request the Japanese business community to open more Japanese restaurants in India! Today, India is on the path of a radical change at many levels. Whether it is ease of doing business or Skill India, taxation reforms or Make in India, India is transforming completely. This is a huge opportunity for Japanese businesses. And I'm glad that many Japanese companies are deeply involved with our flagship programs. We will also get to see its direct benefit during our conversation in today's evening program with the business leaders of both the countries. We are the largest partner in Japan's official development assistance programme and I warmly welcome the agreements that have been signed today for the projects in several sectors. 

Friends,

I am confident that our dialogue and the agreements signed by us today will further strengthen the partnership between India and Japan in all areas. With these words, I once again warmly welcome Prime Minister Abe and the high level delegation accompanying him.

Ijyo De Gozaimas (That’s all for now) 

Arigato Gozaimas (Thank you) 

Thank you very much. 

'মন কী বাত'কীদমক্তা হৌজিক অদোমগী ৱাখল্লোন অমদি তান-ৱাশিং শেয়র তৌবীয়ু!
সেবা অমসুং সমর্পনগী চহি 20 তাক্লিবা ফোতো 20
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PM interacts with CEOs and Experts of Global Oil and Gas Sector
October 20, 2021
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Our goal is to make India Aatmanirbhar in the oil & gas sector: PM
PM invites CEOs to partner with India in exploration and development of the oil & gas sector in India
Industry leaders praise steps taken by the government towards improving energy access, energy affordability and energy security

Prime Minister Shri Narendra Modi interacted with the CEOs and Experts of the global oil and gas sector earlier today, via video conferencing.

Prime Minister discussed in detail the reforms undertaken in the oil and gas sector in the last seven years, including the ones in exploration and licensing policy, gas marketing, policies on coal bed methane, coal gasification, and the recent reform in Indian Gas Exchange, adding that such reforms will continue with the goal to make India ‘Aatmanirbhar in the oil & gas sector’.

Talking about the oil sector, he said that the focus has shifted from ‘revenue’ to ‘production’ maximization. He also spoke about the need to enhance  storage facilities for crude oil.  He further talked about the rapidly growing natural gas demand in the country. He talked about the current and potential gas infrastructure development including pipelines, city gas distribution and LNG regasification terminals.

Prime Minister recounted that since 2016, the suggestions provided in these meetings have been immensely useful in understanding the challenges faced by the oil and gas sector. He said that India is a land of openness, optimism and opportunities and is brimming with new ideas, perspectives and innovation. He invited the CEOs and experts to partner with India in exploration and development of the oil and gas sector in India. 

The interaction was attended by industry leaders from across the world, including Dr. Igor Sechin, Chairman & CEO, Rosneft; Mr. Amin Nasser, President & CEO, Saudi Aramco; Mr. Bernard Looney, CEO, British Petroleum; Dr. Daniel Yergin, Vice Chairman, IHS Markit; Mr. Olivier Le Peuch, CEO, Schlumberger Limited; Mr. Mukesh Ambani, Chairman & Managing Director, Reliance Industries Limited; Mr Anil Agarwal, Chairman, Vedanta Limited, among others.

They praised several recent achievements of the government towards improving energy access, energy affordability and energy security. They appreciated the leadership of the Prime Minister towards the transition to cleaner energy in India, through visionary and ambitious goals. They said that India is adapting fast to newer forms of clean energy technology, and can play a significant role in shaping global energy supply chains. They talked about ensuring sustainable and equitable energy transition, and also gave their inputs and suggestions about further promotion of clean growth and sustainability.