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Chancellor Dr. Merkel,
Respected members of the German delegation,
My colleagues in the cabinet,

Friends,
Hi,
Guten tag

I am very pleased to welcome Chancellor Dr. Merkel and her delegation to India. Not only in Germany and Europe, Chancellor Merkel is counted among the leading leaders of long standing service in the world. I am proud and happy that she is a friend of India and mine. As Chancellor for the last nearly one and a half decades, she has contributed significantly in deepening Indo-German relations. I thank her for this. Today we had the 5th meeting of the Inter-Governmental Consultations. I have had the privilege of participating with Chancellor Merkel in three such meetings which are held every two years. This unique mechanism has deepened our cooperation in every field. The agreements, etc. signed today are a symbol of this. I am very happy that far-reaching and strategic cooperation between India and Germany in every field is moving ahead and especially in the field of New and Advanced Technology.

Friends,

Independent India will be 75 years old in the year 2022. We have set a target of building a new India by then. For India's priorities and requirements in this multi-dimensional effort capabilities of technological and economic power houses like Germany will be very useful. Therefore, we have laid special emphasis on increasing cooperation in areas like New and Advanced Technology, Artificial Intelligence, Skills, Education, Cyber ​​Security. We have decided to develop new possibilities of cooperation in e-mobility, fuel cell technology, smart cities, inland water ways, coastal management, cleaning of rivers and environmental protection. Our cooperation in these areas will also help in joint efforts against climate change. We are encouraging the private sector to further accelerate our increasing participation in trade and investment. Chancellor Merkel and I will meet some of the leading Business and Industry Leaders from both countries. We invite Germany to take advantage of opportunities in defense production in the Defense Corridors in Uttar Pradesh and Tamil Nadu.

Friends,

Mutual trust and friendly relations between India and Germany are based on shared values ​​like Democracy and Rule of law. Therefore, there is a commonality in our approach towards serious challenges of the world. We will continue to discuss these topics in detail in the evening. We will intensify bilateral and multilateral cooperation to deal with threats like terrorism and extremism. We are grateful to Germany for its strong support to India's membership in export control regimes and various international forums. The two countries will continue their cooperation and efforts to expedite necessary reforms in the Security Council, United Nations and the other international systems.

Your Excellency,

The future of India-Germany relations is bright. For this, I once again thank you for your efficient leadership and all our colleagues for their valuable cooperation.

' मन की बात' बाबतच्या तुमच्या कल्पना आणि सूचना पाठवा!
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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.