The Prime Minister, Shri Narendra Modi today exhorted the scientific community to promote value-creation cycle of science to mass creation. He was speaking on the occasion of National Metrology Conclave 2021 where he dedicated National Atomic Timescale and Bhartiya Nirdeshak Dravya Pranali to the Nation and laid the foundation stone of National Environmental Standards Laboratory today through video conference.

The Prime Minister pointed out, historically, any country has progressed in direct correlation to its effort to promote science. He termed this ‘value creation cycle’ of Science, Technology and Industry. Explaining further, the Prime Minister said that a scientific invention creates a technology and technology leads to industry development. The industry, in turn, invests further in science for new research. This cycle keeps on taking us in the direction of new possibilities. CSIR-NPL has played a major role in taking forward this value cycle, the Prime Minister added.

This value creation cycle of science to mass-creation has become all the more important in today’s world when the country is moving forward with the goal of Aatmnirbhar India, Shri Modi said.

The Prime Minister expressed happiness over CSIR-NPL National Atomic Timescale which he dedicated to humanity today. He said that India has become self-reliant in measuring the time within the range of a nano second. Achieving the accuracy level of 2.8 Nano Second is a huge capability in itself. Now Indian Standard Time is matching the International Standard Time with the accuracy range of less than 3 nano second. This will be a big help for organizations like ISRO who are working with cutting edge technology. Modern technology related to banking, railways, defense, health, telecom, weather forecast, disaster management and many similar sectors will be benefitted greatly from this achievement.

The Prime Minister also dwelled on the role of the timescale in strengthening India’s role in Industry 4.0.India is moving towards a leading position in the field of environment. Still, for technology and tools for measuring air quality and emission, India is dependent on others. This achievement will lead to self-reliance in the field and will lead to creation of more effective and cheaper tools for pollution control. This will also enhance India’s share in global market for technologies related to air quality and emission technology. We have achieved this by the continuous efforts of our scientists.

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PM Modi interacts with Energy Sector CEOs
January 28, 2026
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.