The School of Ultimate Leadership (SOUL) will shape leaders who excel nationally and globally: PM
Today, India is emerging as a global powerhouse: PM
Leaders must set trends: PM
In future leadership, SOUL's objective should be to instill both the Steel and Spirit in every sector to build Viksit Bharat: PM
India needs leaders who can develop new institutions of global excellence: PM
The bond forged by a shared purpose is stronger than blood: PM

His Excellency,

The Prime Minister of Bhutan, my brother Dasho Tshering Tobgay ji, Chairman of Soul Board Sudhir Mehta, Vice Chairman Hansmukh Adhia, giants of the industrial world, who have been successful in giving leadership in their lives, in their respective fields, I see many such great people here, and I also see my young colleagues here, for whom the future is waiting.

Friends,

There are some events which are very close to the heart, and today's event is one such event. For nation building, development of better citizens is essential. Nation building starts from individual development, world from people, world from people, if one wants to attain any height or achieve greatness, then the beginning starts from the people only. Development of the best leaders is vital in every sector, and the need of hour. And therefore, the establishment of The School of Ultimate Leadership is a very important and very big step in the development journey of developed India. It is not just that the name of this institute has 'SOUL' in it, it is going to become the soul of India's social life, and we are well acquainted with it, we hear it again and again - Atma, if we look at this SOUL in that sense, then it makes us feel the soul. I heartily congratulate all the colleagues associated with this mission; all the great people associated with this institute. Very soon a huge campus of The School of Ultimate Leadership is going to be ready near Gift City. And just now when I was coming among you, the Chairman Shri showed me its complete model, showed me the plan, I really think that it will take leadership from the point of view of architecture as well.

Friends,

Today, when The School of Ultimate Leadership – SOUL is taking the first big step of its journey, you have to remember what is your direction, what is your goal? Swami Vivekananda had said- “Give me a hundred energetic young men and women and I shall transform India.” Swami Vivekananda wanted to transform India by taking it out of slavery. And he believed that if he had 100 leaders, he could not only make India independent but also make it the number one country in the world. With this will power, with this mantra, we all and especially you have to move ahead. Today every Indian is working day and night for a developed India of the 21st century. In such a situation, in a country of 140 crore people, we need the best leadership in every sector, in every vertical, in every aspect of life. Not just political leadership, the School of Ultimate Leadership has a huge scope to prepare 21st century leadership in every sphere of life. I am confident that such leaders will emerge from the School of Ultimate Leadership who will waive their flag not only in the country but also in the institutions of the world, in every field. And it is possible that a youth coming out after taking training from here may achieve a new position in politics.

Friends,

When a country progresses, natural resources play a role, but human resources play an even bigger role. I remember when the movement for the separation of Maharashtra and Gujarat was going on, we were children at that time, but at that time there was a discussion that what will Gujarat do by separating? It has no natural resources, no mines, no coal, nothing, what will it do? There is no water, it is a desert and there is Pakistan on the other side, what will they do? And at the most these Gujaratis have salt, what else do they have? But look at the power of leadership, today that Gujarat is everything. The common people there had this power, they didn't sit and cry that this is not there, that is not there, this is not there, that is not there, oh whatever is there is that. There is not a single diamond mine in Gujarat, but 9 out of 10 diamonds in the world are those which are touched by some Gujarati. What I mean to say is that not only resources, the biggest power is in human resources, in human capability, in manpower and what is called leadership in your language.

In the 21st century, we need resources that can lead innovation and channelize skills. Today we see how important skills are in every field. Therefore, the field of leadership development also needs new skills. We have to take this work of leadership development forward at a very fast pace in a very scientific manner. Your institute, SOUL, has a very important role in this direction. I am happy to know that you have also started working on this. Although formally this may appear to be your first event today, I was told that for the effective implementation of the National Education Policy, workshops have been held for State Education Secretaries, State Project Directors and other officials. A Chintan Shivir has been organized for leadership development among the staff of the Chief Minister's Office of Gujarat. And I can say that this is just the beginning. We have to see Soul become the best leadership development institute in the world. And for this, we have to work hard also.

Friends,

Today India is emerging as a global power house. To ensure that this momentum and speed increases in every field, we need world class leaders, international leadership. Leadership institutions like SOUL can prove to be game changers in this. Such international institutions are not only our choice but our necessity. Today India also needs energetic leaders in every sector who can find solutions to global complexities and global needs. Those who, while solving problems, keep the country's interest at the top priority on the global stage. Those whose approach is global but an important part of their thinking is also local. We have to prepare such individuals who move forward with an Indian mind, understanding the international mind-set. Who are always ready for Strategic Decision Making, Crisis Management and Futuristic Thinking. If we have to compete in International Markets, Global Institutions, then we need such leaders who have an understanding of International Business Dynamics. This is the work of the SOUL, your scale is big, scope is big, and the expectations from you are also as high.

Friends,

One thing will always be useful for all of you, in the times to come, leadership will not be limited to just power. Only those who have the capabilities of innovation and impact will be in the leadership roles. Individuals of the country will have to emerge according to this need. SOUL will be an institution that develops Critical Thinking, Risk Taking and Solution Driven Mindset in these individuals. In the times to come, such leaders will emerge from this institution who will be ready to work amidst Disruptive Changes.

Friends,

We have to create such leaders who work to set trends, not to make trends. In the coming times, when we will promote new leadership from Diplomacy to Tech Innovation, then India's influence and impact in all these sectors will increase manifold. That is, in a way, India's entire vision, entire future will depend on a strong leadership generation. That is why we have to move forward with global thinking and local upbringing. We have to make our governance, our policy making world class. This will be possible only when our policy makers, bureaucrats, entrepreneurs will be able to frame their policies by linking them with global best practices. And institutions like SOUL will have a very big role in this.

Friends,

I have said earlier also that if we want to make India developed, then we will have to move ahead at a fast pace in every field. It is said in our scriptures-

यत् यत् आचरति श्रेष्ठः, तत् तत् एव इतरः जनः।।

That is, ordinary people follow the way a great man behaves. Therefore, such leadership is necessary, which reflects India's national vision in every aspect and conducts accordingly. In future leadership, both the steel and spirit required for building a developed India have to be produced, that should be the aim of the SOUL. After that, the necessary changes and reforms will keep coming on their own.

Friends,

We have to create this steel and spirit in public policy and social sectors too. We have to prepare leadership for many emerging sectors like Deep-Tech, Space, Biotech, Renewable Energy. We also have to create leadership for conventional sectors like Sports, Agriculture, Manufacturing and Social Service. We not only have to aspire but also achieve excellence in every sector. Therefore, India will need such leaders who develop new institutions of global excellence. Our history is full of glorious stories of such institutions. We have to revive that spirit and this is not difficult either. There are examples of many countries in the world who have done this. I understand that there are lakhs of such friends sitting in this hall and those who are listening to us and watching us outside, all of them are capable. This institute should also be a laboratory of your dreams and your vision. So that the generation after 25-50 years from today remembers you with pride. They can take pride in the foundation that you are laying today.

Friends,

As an institute, the resolve and dreams of crores of Indians should be very clear to you. The sectors and factors that are both a challenge and an opportunity for us should also be clear to you. When we move forward with a common goal and work together, the results are amazing. The bond forged by a shared purpose is stronger than blood. It unites minds, it fuels passion and it stands the test of time. When the Common Goal is big, when your purpose is big, leadership also develops, Team spirit also develops, people dedicate themselves to their Goals. When there is a common goal, a shared purpose, then the best capacity of every individual also comes out. And not only this, he also increases his capabilities with great determination. And in this process a leader develops. He tries to acquire the capability which he does not have, so that he can reach higher.

Friends,

When there is a shared purpose, an unprecedented feeling of team spirit guides us. When all people walk together as co-travellers of a shared purpose, a bonding develops. This process of team building also gives birth to leadership. What better example of shared purpose can there be than our freedom struggle? Our freedom struggle created leaders not only in politics but also in other sectors. Today we have to relive the same spirit of the freedom movement. Taking inspiration from that, we have to move forward.

Friends,

There is a very beautiful saying in Sanskrit:

अमन्त्रं अक्षरं नास्ति, नास्ति मूलं अनौषधम्। अयोग्यः पुरुषो नास्ति, योजकाः तत्र दुर्लभः।।

That is, there is no such word from which a mantra cannot be made. There is no such herb from which a medicine cannot be made. There is no person who is incompetent. But everyone needs a planner who can use them at the right place and give them the right direction. The role of the SOUL is also that of a planner. You also have to turn words into mantras, herbs into medicine. There are many leaders sitting here too. You have learnt and honed these skills of leadership. I read somewhere- If you develop yourself, you can experience personal success. If you develop a team, your organization can experience growth. If you develop leaders, your organization can achieve explosive growth. These three sentences will always help us remember what we have to do, we have to contribute.

Friends,

Today, a new social system is being formed in the country, which is being shaped by the young generation that was born in the 21st century, that was born in the last decade. This is going to be the first generation of a truly developed India, the Amrit generation. I am confident that this new institute will play a very important role in preparing the leadership of this Amrit generation. Once again, I wish you all the best.

It is a very happy coincidence that today is the birthday of the King of Bhutan and this occasion is happening here. And the Prime Minister of Bhutan has come here on such an important day and the King of Bhutan has played a very important role in sending him here, so I express my heartfelt gratitude to him too.

Friends,

If I had the time, I would have stayed here for these two days because some time ago I had attended a programme of Viksit Bharat in which many of you youngsters were there, so I was here for almost the whole day, met everyone, was chatting, I got to learn a lot, got to know a lot, and today it is my good fortune that I am seeing that all the leaders sitting in the first row are those who have achieved new heights of success in their lives. This is a big opportunity for you to meet, sit and talk with all of them. I do not get this good fortune because when I meet them, they bring some work or the other. But you will get to know and learn a lot from their experiences. They are great achievers in their own fields. And they have given so much time for you people, this is what makes me feel that I see a very bright future for this institution named SOUL. When such successful people sow seeds, that Banyan tree will also produce leaders who will achieve new heights of success. With full confidence, I once again express my gratitude to everyone who has given time, has increased capability, has given strength. I have many dreams and expectations for my youth and I always have this feeling within me that I should keep doing something or the other for the youth of my country every moment. I keep looking for opportunities and today once again I have got that opportunity. My best wishes to the youth.

Thank you very much.

 

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India – Finland Joint Statement on the State Visit of President of the Republic of Finland
March 05, 2026

At the invitation of the Hon'ble Prime Minister of India, Shri Narendra Modi, President of the Republic of Finland, H.E. Dr. Alexander Stubb, is on a State Visit to India from 4-7 March 2026. President Stubb, who is on his first visit to India in his present capacity, is visiting New Delhi and Mumbai and is accompanied by Ms. Sari Multala, Minister of Climate and the Environment of Finland, Mr. Matias Marttinen, Minister of Employment of Finland, and a high-level delegation comprising of officials and business leaders. Prime Minister Modi inaugurated the 11th edition of the Raisina Dialogue on 5 March 2026 in New Delhi with President Stubb as the Chief Guest delivering the Inaugural Keynote Address. President Stubb’s visit follows the visit of H.E. Mr. Petteri Orpo, Prime Minister of the Republic of Finland for the AI Impact Summit in February 2026.

On 5 March 2026, President Stubb was warmly welcomed by Hon’ble President of India Smt. Droupadi Murmu at Rashtrapati Bhavan. Prime Minister Modi and President Stubb held wide-ranging discussions during a bilateral meeting, and jointly addressed the media. Prime Minister Modi also hosted a luncheon in honour of the visiting dignitary.

The President of Finland congratulated India for successfully hosting the AI Impact Summit 2026. Both Leaders shared the view that working towards safe, trustworthy, and inclusive development of AI is of paramount importance.

The Leaders affirmed the deep and enduring friendship between India and Finland, built on a foundation of mutual respect and the values of democracy and rule of law, as well as commitment to global peace, security, and international law.

The Prime Minister of India and the President of Finland reiterated their commitment to the rules-based international order and multilateral cooperation, with the UN at its core.

The Leaders underlined the importance of redoubling efforts to reach the Sustainable Development Goals, and the importance of global cooperation against the challenges of climate change and loss of biodiversity.

Welcoming the landmark Free Trade Agreement between India and the European Union concluded in the India-EU Summit on 27 January 2026, the Leaders acknowledged the immense and mutually beneficial opportunities for both parties of increased trade and investments, including for the India-Finland bilateral relationship.

Building on the momentum provided by the India-Finland Virtual Summit on 16 March 2021 and the meetings of the Prime Ministers of both countries in the margins of two editions of India-Nordic Summit in 2018 and 2022 in Stockholm and Copenhagen respectively, as well as during the AI Impact Summit in February 2026, the Leaders emphasized their shared commitment to continue expanding and deepening the cooperation between the two nations. In this spirit, the leaders agreed to elevate the India-Finland relations to a Strategic Partnership in Digitalization and Sustainability, based on converging interests and mutual benefits.

Trade and Investment

The Prime Minister of India and the President of Finland called upon the business community to make use of the vast opportunities unleashed by the landmark India-EU FTA. In this context, The Leaders agreed that the aim should be to double the value of current trade between India and Finland by 2030.

The Leaders took note of the lively interactions between the respective business communities, reflected by the large business delegation visiting India together with the Finnish President, as well as the companies that joined the Finnish Prime Minister in February in connection with the AI Impact Summit in New Delhi. Both leaders expressed confidence that the India-Finland Business Summit and CEOs interaction scheduled to take place in Mumbai on 7 March would help pave the way for enhancing trade, technology collaboration and investments ties.

The Leaders welcomed the growing startup collaboration, manifested by the active participation of innovative Indian startups in Slush in Helsinki and Finnish startups in Startup Mahakumbh in New Delhi, as well as initiatives such as the Indo-Finland Startup Corridor.

Digitalization

Recognizing the transformative power of digitalization as a key driver of inclusive social and economic development, the Leaders identified digital transformation, including new and emerging technologies such as 5G, 6G, high-performance and quantum computing and Artificial Intelligence, as priority areas where collaboration based on mutual trust and benefit can be strengthened. The Leaders noted India’s experience in Digital Public Infrastructure, including digital payments such as the Unified Payments Interface (UPI), and discussed possibilities for cooperation in this area.

Against this backdrop, the Leaders asked the relevant ministries to establish a cross-sectoral Joint Working Group on Digitalization to define priorities and foster work on concrete and substantial actions driving the digital transition.

The Finnish President emphasized the positive impact of the considerable number of Indian professionals in the Finnish R&D and tech innovation ecosystems, contributing to social and economic development by means of digital transition and sustainability for the benefit of all.

The Leaders noted with satisfaction the Joint Calls by the Indian Department of Science and Technology and Business Finland to provide RDI funding for joint initiatives of Indian and Finnish companies and research organizations with focus on semiconductors, 6G, and energy systems. They also took note of the cooperation framework between Bharat 6G Alliance and the University of Oulu, Finland, welcoming all efforts to further strengthen bilateral collaboration on 6G.

Furthermore, the Leaders welcomed the work between the Indian Ministry of Electronics and Information Technology and Business Finland to further explore avenues of RDI collaboration with special focus on AI, noting also the discussions between the Indian Centre for Development of Advanced Computing and the Finnish IT Centre for Science with respect to High-Performance Computing.

In the field of advanced technology, the Leaders also highlighted Space tech as an emerging area of collaboration with considerable future potential and active private sector engagement between Indian and Finnish players.

Sustainability

On sustainability, both Leaders underlined the great potential in advancing clean energy solutions, notably in areas such as low carbon transition, energy efficiency, biofuels, smart grids, and green hydrogen. In addition, they highlighted the importance of cooperation in circular economy, sustainable water management and meteorology.

To this end, the Leaders welcomed the establishment of a Joint Working Group on Sustainability, bringing together relevant actors from both countries to enhance collaboration on sustainability-related issues.

Moreover, the Leaders underscored the importance of implementing the Memorandum of Understanding on Cooperation in the field of Renewable Energy, encompassing many key areas of collaboration that contribute to sustainability, including bioenergy and waste-to-energy solutions, power storage and flexible RE systems, green hydrogen, as well as wind, solar and small hydro power.

They acknowledged the renewal of the Memorandum of Understanding on Environmental Cooperation, and collaboration under the Leadership Group for Industry Transition (LeadIT) and encouraged the parties to advance the deeper collaboration in circular economy, climate action, and sustainability.

Both sides acknowledged that the rapid deployment of Smart Energy solutions, including Advanced Metering Infrastructure (AMI) and other digital grid technologies, has enhanced efficiency while increasing cybersecurity risks to critical power infrastructure. They agreed to explore future areas of cooperation in promoting resilient, reliable and sustainable smart grid systems.

The Finnish President extended his appreciation to India for hosting the next World Circular Economy Forum in the later part of 2026, a Finnish initiative providing a platform to enhance circular economy solutions and bring together leading expertise in the search for new collaborative initiatives.

The Prime Minister of India acknowledged Finland’s active role in bringing together Indian, Finnish and other Nordic stakeholders in the framework of the Indo-Nordic Water Forum, promoting new collaborations and best practices in water resources management and wastewater management for circular economy solutions.

With respect to meteorological collaboration, the Leaders underscored the ongoing cooperation in aerosol monitoring and air quality forecasting between the Finnish Meteorological Institute (FMI) and the Indian Meteorological Department (IMD). They welcomed the work to establish a Virtual Research Center between FMI and the Indian Institute of Technology Madras (IITM), also taking note of the already ongoing FMI-IITM research collaboration with multilateral projects exceeding a total value of Euros 11 million.

The Leaders also took note of the exchange of experiences between the Indian Ministry of Rural Development and the National Land Survey of Finland and the Finnish Environment Institute, cities, and companies about Land Stack, an integrated GIS based digital platform of land and property information.

The Leaders welcomed the signing of Memorandum of Understanding on fostering cooperation in the field of Official Statistics which provides a framework for exchange of best practices, methodologies, and technical expertise in the area of official statistics.

Mobility, education, and people-to-people contacts

The Prime Minister of India and the President of Finland recognized the importance of people-to-people contacts in all fields, including skilled workers, specialists and young professionals, researchers and students, businesspersons, and academics, thereby nurturing economic prosperity, contributing to a rich social fabric, and enhancing mutual understanding.

In this context, the Leaders hailed the signing of a Memorandum of Understanding on Migration and Mobility Partnership, laying the frameworks for smooth, orderly, and mutually beneficial mobility for the years to come. Both sides agreed to take the steps required for the implementation of the MoU in a comprehensive and coordinated manner, that serves both India’s and Finland’s prosperity and economic growth. The Leaders also acknowledged the contacts between the respective Foreign Ministries, looking into possibilities of establishing bilateral dialogue on consular matters.

The Leaders took note of the Joint Statement endorsed by the High-Level Dialogue on Cooperation in Education (31 January 2024) and encouraged the relevant parties to accelerate their joint efforts to advance the common agenda, focusing on the agreed areas of secondary education, higher education, skill development, and student mobility.

In this context, they noted the growing interest in India towards the Finnish education system, the increasing cooperation in teacher training, as well as early childhood education institutions and schools that are being set up according to the Finnish model, as concrete expressions of the stakeholders’ shared will and commitment to continue developing the collaboration on education.

Furthermore, the Leaders highlighted the discussions on a bilateral audiovisual co-production agreement that will provide a solid frame to enhance cooperation in the film and gaming industries.

India-EU-relations

Both Leaders welcomed the new Joint India-EU Comprehensive Strategic Agenda, endorsed in the India-EU Summit on 27 January 2026, based on shared values and principles, mutual trust, converging interests, and shared political will. They agreed that India and the EU can be stable, predictable, and trusted partners, building a multifaceted and deepening long-term relationship with many positive outcomes for both sides.

The Leaders underlined that the conclusion of Free Trade Agreement takes the India-EU relations to a new level. In addition to clear economic benefits by enhancing market access and removing trade barriers, both Leaders noted that the FTA could support economic security and resilience through diversifying critical value chains and opening new markets.

As a platform to address key trade, technology, and economic security issues, the Leaders reaffirmed their support to further enhance the work of the India-EU Trade and Technology Council as the cornerstone of the India-EU technology partnership.

The Prime Minister of India and the President of Finland underscored that the signing of India-EU Security and Defense Partnership added another meaningful dimension to the India-EU Strategic Partnership that will deepen co-operation in areas of shared interests, including maritime security, defense industry, cyber and hybrid threats, space, as well as counter-terrorism.

The leaders lauded the signing of the MoU on Comprehensive Framework of Cooperation on Mobility and the launch of pilot European Union Legal Gateway Office in India.

Multilateral cooperation

The Leaders recognized the need to reform the UN system. In this context, they emphasized the importance of a comprehensive reform of the UN Security Council to make it more efficient, representative, inclusive, and reflective of contemporary geopolitical realities. The President of Finland reiterated Finland’s support for the permanent membership of India in a reformed UNSC.

The leaders underscored the vital role of cooperation within the United Nations and other international bodies to safeguard multilateralism and uphold a rules-based international order, including supporting mutual candidacies and nominations.

Both sides agreed to continue their constructive cooperation in multilateral fora, including on peace and security, human rights, sustainable development as well as climate change and biodiversity.

The Leaders reiterated their shared commitment to promoting a free, open, peaceful and prosperous Indo‑Pacific, in accordance with international law, including the UNCLOS. In this context, India welcomed Finland to join the Indo-Pacific Oceans Initiative.

Both leaders reaffirmed their commitment to further strengthening cooperation and dialogue on Arctic matters, including through joint research initiatives, academic exchanges, and capacity-building programmes. They took note of the first India–Finland Arctic Dialogue titled "The Himalayan and Arctic Ecosystems: India–Finland Partnership for a Sustainable Future” held in January 2026 in Rovaniemi, Finland, which brought together parliamentarians, government officials, academics and experts to deliberate on strategies and pathways for deepening collaboration on Arctic matters. Both leaders also underscored the importance of advancing cooperation in the structures of the Arctic Council, and within the broader framework of the India-Nordic Summit.

Both leaders unequivocally and strongly condemned terrorism and violent extremism in all its forms and manifestations, including cross-border terrorism. They called for decisive and concerted international efforts to combat terrorism in a comprehensive and sustained manner and in accordance with international law. They agreed to enhance cooperation to counter violent radicalization and extremism, combat financing of terrorism, promote internationally agreed anti‑money laundering standards, prevent exploitation of new and emerging technologies for terrorist purposes, and tackle terrorist recruitment. The leaders reaffirmed strong commitment to continue taking active measures to disrupt the terror financing channels including at the UN and FATF. They condemned in the strongest terms the terrorist attack in Pahalgam, Jammu and Kashmir on 22 April 2025 and the terror incident near Red Fort, New Delhi on 10 November 2025.

Both Leaders agreed to continue to support efforts towards the achievement of a comprehensive, just, and lasting peace in Ukraine through dialogue and diplomacy, based on the principles of the UN Charter and international law, including independence, sovereignty, and territorial integrity.

Conclusion

To take forward the cooperation under the India-Finland Strategic Partnership in Digitalization and Sustainability, the Leaders asked the respective Working Groups on Digitalization and Sustainability to develop a future-oriented and concrete Action Plan, including definition of priority areas and related actions, and report back to the Ministry for Foreign Affairs of the Republic of Finland and the Ministry of External Affairs of the Republic of India on the progress achieved.

The President of Finland thanked the Prime Minister of India for the excellent arrangements during his state visit, and both Leaders expressed their appreciation of the open and constructive dialogue, and the forward-reaching and evolving cooperation. They agreed to continue their interaction with a solid foundation in a shared spirit of mutual respect and collaboration. President Stubb invited Prime Minister Modi to pay a visit to Finland, and Prime Minister Modi accepted the invitation.