PM Modi’s Mann Ki Baat: Episode – 134th
PM Modi’s Mann Ki Baat: Episode – 134thVideo: YT/NaMo
Pachpadra Refinery: India’s Most Delayed, Most Contested, and Most Important Energy Project
IntroductionFor over a decade, the Pachpadra refinery in Rajasthan’s Balotra district has been India’s most politically freighted infrastructure project — a facility that has had two foundation stones laid by two different prime ministers from two different parties, a cost that nearly doubled before a single barrel was processed, and an inauguration that was stopped one day before it was to happen by a fire that broke out in the Crude Distillation Unit.It is also, when you set aside the politics and the delays and the drama, one of the most consequential energy projects India has built in a generation.HPCL Rajasthan Refinery Limited, known as HRRL, is a 9 million metric tonnes per annum greenfield refinery-cum-petrochemical complex with 2.4 million metric tonnes per annum petrochemical production capacity, located in Pachpadra, Balotra district, Rajasthan. It is India’s first greenfield integrated refinery-cum-petrochemical complex, built at an estimated cost of nearly Rs 80,000 crore. It is spread across 4,400.4 acres of land in the Thar desert, operated by HPCL Rajasthan Refinery Limited, with HPCL holding 74 percent and the Government of Rajasthan holding 26 percent.When it becomes fully operational, it will be the first major refinery India has built from scratch since the 1990s — and the first one specifically designed to process the heavy, waxy crude oil that sits beneath Rajasthan’s Barmer basin, one of India’s most significant onshore oil reserves.The Origin Story: A Project That Belongs to Every PartyThe Pachpadra refinery’s political genealogy is unusual even by Indian standards. No single government can claim it. Every government has tried to.The story begins not with a foundation stone but with oil. The discovery of the Mangala oilfield in Barmer — the largest onshore oil discovery in India in more than 22 years at the time — created an obvious question: why is all this crude being pumped out of Rajasthan and sent to refineries in Gujarat and Maharashtra? Why is Rajasthan not refining its own oil?The project was first conceptualised under the Congress government. On September 18, 2013, then Congress president Sonia Gandhi laid the first foundation stone for the project, with an initial estimated cost of Rs 43,129 crore. The Ashok Gehlot government in Rajasthan was a co-signatory, and the project carried the political imprimatur of both the state and central Congress establishments.Then came 2014. The Congress lost the general election, Vasundhara Raje’s BJP government came to power in Rajasthan, and a project associated with the Congress went into the freezer — not officially abandoned, but quietly deprioritised. The joint venture structure was complicated, the land acquisition was incomplete, and the financing arrangements required renegotiation.Four years later, the BJP arrived to claim the project as its own. On January 16, 2018, Prime Minister Narendra Modi laid a second foundation stone for the same project, which now had two foundation stones from rival parties. Modi declared that the refinery would be ready by 2022 and would change the economic landscape of Rajasthan. He was wrong about 2022. He was not wrong about the economic landscape.The Project: What Is Actually Being BuiltThe refinery is operated by HPCL Rajasthan Refinery Limited, with HPCL holding 74 percent and the Government of Rajasthan holding 26 percent. An MoU for the project was signed between the state government and HPCL on April 18, 2017.The facility is not simply a refinery. The integrated nature of the project — combining refining with a large-scale petrochemical complex on the same site — is what makes it distinct from existing Indian refineries and from the original 2013 design.The refinery has a capacity of 9 million metric tonnes per annum of refining and 2.4 million metric tonnes per annum of petrochemical production. The Scheduled Commercial Operation Date is July 1, 2026.The petrochemical capacity is particularly significant. India is one of the world’s largest importers of petrochemical products — the plastic resins, synthetic fibres, rubber, adhesives, and industrial chemicals that feed into every sector of manufacturing. A domestic integrated complex reduces that import dependence and creates a foundation for downstream manufacturing investment in Rajasthan.The crude feedstock for the refinery will be Mangala crude from the Barmer basin — heavy and waxy crude that requires specialised handling including insulated pipelines and dedicated processing units. The Mangala field, discovered in January 2004, is the largest onshore oil discovery in India in more than two decades. It sits directly in Rajasthan’s backyard, and Pachpadra was designed specifically to process it, eliminating the need to transport it all the way to coastal refineries in Gujarat.HRRL is an important project considering the growing energy needs and petrochemical requirements of the country, thereby reducing the country’s dependence on imports, which will result in saving foreign exchange. The project will also contribute towards industrialisation of a backward area, usage of locally available Mangala crude and help promote India as a refining hub.The Cost: From Rs 43,129 Crore to Rs 79,459 CroreThe most uncomfortable aspect of the Pachpadra story is its cost trajectory. The initial estimated cost of the refinery was Rs 43,129 crore, and the work was scheduled to be completed by October 31, 2022. During the previous state government’s tenure, the project cost increased to Rs 72,937 crore by June 2, 2023. HPCL Rajasthan Refinery Limited submitted a proposal for a second revision of the refinery’s cost to the state government on July 24, 2025.The total project cost has been revised to Rs 79,459 crore. The Union Cabinet approved the revised cost on April 8, 2026 — just twelve days before the inauguration fire.That escalation — from Rs 43,129 crore to Rs 79,459 crore — represents an 84 percent increase from the original estimate. Several factors contributed to it: the construction delays caused by land acquisition disputes and coordination failures during the political transitions between Congress and BJP governments in both Rajasthan and at the centre; Covid-19 disruptions that halted construction for an extended period; global commodity price inflation that drove up the cost of steel, cement, and equipment; and the expansion of the petrochemical complex beyond the
India’s Semiconductor Manufacturing Story: How New Chip Plants Are Transforming the Country’s Technological Future
IntroductionSemiconductors are often described as the “new oil” of the digital economy. These tiny electronic chips serve as the brains behind modern technology, powering smartphones, computers, automobiles, telecommunications equipment, medical devices, defence systems, artificial intelligence platforms, and industrial machinery. In an increasingly digital world, access to semiconductors has become a matter not only of economic growth but also of national security and technological sovereignty.For years, India remained heavily dependent on imported semiconductors despite being one of the world’s largest consumers of electronic products and a major hub for chip design services. While Indian engineers contributed significantly to global semiconductor design, the country lacked large-scale manufacturing facilities capable of producing chips domestically.The global semiconductor shortage that emerged during and after the COVID-19 pandemic exposed the vulnerabilities of this dependence. Supply chain disruptions affected industries worldwide, delaying automobile production, consumer electronics manufacturing, and critical infrastructure projects. The crisis prompted governments across the globe to invest heavily in domestic semiconductor capabilities.India responded by launching an ambitious strategy aimed at building a complete semiconductor ecosystem. Over the last few years, this vision has begun to materialise through a series of major investments, policy initiatives, and the launch of new semiconductor manufacturing and packaging facilities across the country.Today, India’s semiconductor story is no longer about future possibilities—it is increasingly about projects under construction, facilities being established, and the emergence of a domestic chip manufacturing ecosystem.Why Semiconductors MatterModern economies run on semiconductors. Every smartphone contains multiple chips. Electric vehicles depend on semiconductors for battery management, safety systems, and autonomous features. Data centres, cloud computing infrastructure, artificial intelligence applications, telecommunications networks, and defence technologies all rely on advanced semiconductor components.As digitalisation accelerates worldwide, demand for semiconductors continues to grow rapidly.Industry estimates suggest that India’s semiconductor consumption could exceed $100 billion annually in the coming years. This growth is being driven by:Expansion of the electronics manufacturing sectorRising smartphone penetrationGrowth of electric vehiclesDeployment of 5G networksArtificial intelligence and cloud computing adoptionIncreasing digitisation of public servicesWithout domestic manufacturing capabilities, India would remain vulnerable to external supply disruptions and geopolitical uncertainties.The Semiconductor Mission: India’s Strategic PushRecognising the strategic importance of semiconductors, the Government of India launched the India Semiconductor Mission (ISM) as part of a broader effort to strengthen the country’s electronics manufacturing sector.The government announced incentive packages worth tens of thousands of crores aimed at attracting investments in semiconductor fabrication, assembly, testing, packaging, and display manufacturing.The objective was not merely to establish individual factories but to create a complete semiconductor ecosystem involving:Chip fabrication plants (fabs)Assembly and packaging facilitiesDesign centresResearch and development infrastructureTalent development programsSupply chain networksThe initiative marked one of the largest industrial policy interventions in India’s recent history.Tata Electronics and the Dholera Semiconductor FabOne of the most significant milestones in India’s semiconductor journey came with the announcement of a semiconductor fabrication facility by Tata Electronics in partnership with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC).The facility is being established at Dholera in Gujarat, a location that has emerged as a key industrial hub under India’s infrastructure development plans.The project represents India’s first major commercial semiconductor fabrication plant and involves an investment estimated at over ₹91,000 crore.The facility is expected to manufacture chips used in:AutomobilesConsumer electronicsCommunication systemsComputing devicesIndustrial applicationsIndustry experts consider the Dholera fab a landmark development because semiconductor fabrication represents the most technologically complex and capital-intensive segment of the semiconductor value chain.For decades, only a handful of countries such as Taiwan, South Korea, the United States, Japan, and China have possessed significant semiconductor fabrication capabilities.The Dholera project signals India’s entry into this highly strategic domain.Micron Technology’s Semiconductor Facility in GujaratAnother major development has been the investment by American semiconductor giant Micron Technology.Micron announced a substantial investment in a semiconductor assembly and testing facility in Sanand, Gujarat.The facility focuses on:AssemblyTestingMarkingPackaging (ATMP)These activities are critical parts of semiconductor manufacturing and represent an important step toward building a complete semiconductor ecosystem.The project has attracted significant attention because it marks one of the largest semiconductor investments by a global company in India.Commercial production is expected to play a crucial role in integrating India into global semiconductor supply chains.Semiconductor Expansion in AssamIndia’s semiconductor ambitions are not limited to western India.The Tata Group has also announced a semiconductor assembly and testing facility in Assam, making the northeastern state an unexpected but important participant in the country’s technology manufacturing push.The project is expected to generate thousands of direct and indirect jobs while promoting industrial development in a region historically less associated with high-technology manufacturing.The facility demonstrates the government’s effort to geographically diversify semiconductor investments rather than concentrating them in a few industrial clusters.For Assam, the project represents one of the most significant industrial investments in recent history.Additional Semiconductor Projects Across IndiaRecent years have witnessed multiple semiconductor-related announcements involving both domestic and international players.Several projects have been proposed in areas such as:Semiconductor packagingCompound semiconductorsDisplay manufacturingAdvanced electronics productionCompanies have expressed interest in participating across different stages of the semiconductor value chain, creating the foundations of a broader manufacturing ecosystem.These investments indicate growing confidence in India’s policy framework and long-term market potential.Why Global Companies Are Looking at IndiaSeveral factors have contributed to India’s emergence as a preferred destination for semiconductor investments.Growing Domestic MarketIndia is among the world’s fastest-growing markets for electronics and digital technologies.The rapid adoption of smartphones, connected devices, electric vehicles, and digital services creates substantial domestic demand for semiconductors.China Plus One StrategyGlobal companies are increasingly seeking to diversify manufacturing operations beyond China.The strategy, often referred to as “China Plus One,” has encouraged businesses to establish additional production bases in countries such as India, Vietnam, and Mexico.India has emerged as a major beneficiary of this shift.Government IncentivesGenerous fiscal incentives, capital subsidies, and infrastructure support have significantly improved the attractiveness of semiconductor investments.The government has committed substantial financial resources to reduce the high costs associated with semiconductor manufacturing.Skilled WorkforceIndia already possesses one of the world’s largest pools of semiconductor design talent.Many global semiconductor companies operate research and design centres in cities such as Bengaluru, Hyderabad, Noida, and Pune.This existing talent base provides a strong foundation for manufacturing expansion.Challenges Facing
Quad Foreign Ministers’ Meeting 2026: Reinforcing Indo-Pacific Unity Amid Global Turbulence
The Quad Foreign Ministers’ Meeting convened in New Delhi on May 26, 2026, bringing together the Foreign Ministers of Australia, India, and Japan, along with U.S. Secretary of State Marco Rubio, for a critical dialogue amid unprecedented global challenges and opportunities. Hosted by India’s External Affairs Minister S. Jaishankar, the third such engagement since President Donald Trump began his tenure reaffirmed the grouping’s continued relevance despite rapid geopolitical developments. The ministers agreed to firm up numerous initiatives spanning maritime security, critical minerals cooperation, energy security, and the first-ever Quad infrastructure project to build a port in Fiji, demonstrating that the Quad remains valid and viable as a cornerstone of Indo-Pacific stability.The meeting took place after a 10-month hiatus, following earlier speculation about the Quad’s continued survival. Before the gathering, analysts debated whether the grouping had become moribund without summit-level engagement, with some comparing its architecture to the Five Eyes intelligence-sharing group and arguing that sub-leader meetings create vital “habits of cooperation” essential for sustaining momentum. The successful conclusion of this four-way ministerial proved these concerns unfounded, as the four nations reaffirmed traditional areas of emphasis while addressing new challenges, including the proliferation of online scam centres in Southeast Asia, repercussions from the West Asia crisis, and rising tensions in the East and South China Seas.A Free and Open Indo-Pacific: Reaffirming Core PrinciplesThe Joint Statement opened with a powerful acknowledgment that the Quad convenes at a time of not only great challenges but also unprecedented opportunities. In the midst of conflicts, geopolitical tensions, and strains on global supply chains, the ministers reaffirmed that peace, stability, and prosperity of the Indo-Pacific hinge on upholding international law and the peaceful resolution of disputes. They committed to defending the rule of law, sovereignty, and territorial integrity while recognizing the immense potential of innovation, emerging technologies, and trusted partnerships to drive economic prosperity across the Indo-Pacific and beyond. The statement strongly opposed any destabilizing or unilateral actions seeking to change the status quo, including by force or coercion, which escalate tensions and undermine regional peace and stability.The ministers affirmed support for a free and open Indo-Pacific that allows countries to develop resilience and strengthen capacity to determine their own paths. Developments in key maritime regions underscored the vulnerability of critical sea lanes and risks posed to uninterrupted commerce flow, with disruptions carrying significant implications for global fuel, food, and fertilizer security as well as seafarer safety. The Quad discussed the West Asia situation, reaffirming support for ongoing diplomatic efforts and hope for lasting peace while reiterating the importance of adhering to UNCLOS regarding navigational rights, freedoms, and safety of global commerce through the Strait of Hormuz and Red Sea.Maritime Security: Three New Initiatives Strengthen Domain AwarenessOn Indo-Pacific maritime security, the Quad agreed on three groundbreaking initiatives, including the Indo-Pacific Maritime Surveillance Collaboration (IPMSC), the Quad Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA), and continuation of the Quad-at-Sea Ship Observer Mission. India operationalized the Indian Ocean Region programme of IPMDA through the Information Fusion Centre – Indian Ocean Region in Gurugram, and partners will work to develop a Common Operational Picture across the Indo-Pacific by drawing upon existing IPMDA efforts. The IPMSC, integrating the latest technological developments, will augment IPMDA by enabling Quad partners to share real-time information and provide enhanced vessel pictures supporting a free and open Indo-Pacific region.Following the success of the first-ever Quad-at-Sea Ship Observer Mission from Palau to Guam in July 2025, India will host the next edition to strengthen interoperability and knowledge-sharing for addressing unlawful maritime activities. The ministers expressed serious concerns about developments in the East China Sea and South China Sea, opposing destabilizing unilateral actions, including force or coercion, threatening regional peace. They expressed grave concern regarding dangerous and coercive actions, including interference with offshore resource development, repeated obstruction of freedom of navigation and overflight, dangerous military aircraft and coast guard maneuvers, unsafe use of water cannons and flares, and ramming or blocking actions in the South China Sea, alongside deep concern about militarization of disputed features.Critical Minerals and Energy Security: Building Resilient Supply ChainsThe Quad announced the Quad Critical Minerals Framework, guiding how partners can leverage economic policy tools and coordinate investment with the private sector to strengthen critical minerals supply chains, including mining, processing, and recycling. The ministers reiterated grave concerns over economic coercion and non-market policies, including arbitrary export restrictions, price manipulation, and disruptions, particularly on critical minerals impacting global supply chains and critical industrial sectors. They underscored the importance of diversified and reliable global supply chains and the need to avoid reliance on any one country, recognizing that economic security is fundamental to Quad partners and the Indo-Pacific region.Recognizing shifts in the global energy landscape, the Quad launched the Quad Initiative on Indo-Pacific Energy Security to cooperate on energy security and resilience. Partners will work together to ensure open, well-functioning, and stable energy markets with resilient and diversified supply chains. Disruptions to global energy product markets and important downstream derivatives like fertilizers fall heavily on the Indo-Pacific region, making maintaining open trade flows in essential goods critical for regional security and prosperity. Following the successful Quad Ports of the Future Partnership Conference hosted by India in October 2025, the Quad countries will work with Fiji’s government to advance port infrastructure and associated activities in the country, marking the first-ever Quad infrastructural project.Humanitarian Assistance and Terrorism: Condemning Attacks, Strengthening ResponseThe Quad unequivocally condemned terrorism in all its forms, including cross-border terrorism and the horrific terrorist attacks perpetrated at Pahalgam in India on April 22, 2025, and Bondi Beach in Australia on December 14, 2025. The ministers called for decisive and sustained international efforts to combat terrorism according to international law, including action against globally proscribed terrorists and terror entities and their proxies, affiliates, sponsors, and financiers. They remain deeply concerned about the proliferation of online scam centres within Southeast Asia linked to transnational crime, including human trafficking, drug trafficking, sexual extortion, illicit financing, and cybercrime, committing to deepening cooperation, particularly in law enforcement and regulatory engagement.The Quad
ASSOCHAM’s India Business Reform Summit 2026: The Measurable Outcomes for Viksit Bharat
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) successfully convened the India Business Reform Summit 2026 on May 19, 2026, in New Delhi, bringing together policymakers, senior bureaucrats, center-state government representatives, and industry leaders under the theme “Advancing Ease of Doing Business for Investment, Competitiveness and Global Integration.” The summit marked a critical juncture in India’s economic journey, focusing on the essential transition from reform intent to reform outcomes as the country advances towards becoming a developed economy by 2047. Over the past decade, India has undertaken significant reforms to simplify regulatory processes, reduce compliance burden, digitize approvals, and strengthen investor facilitation, but as the nation advances towards becoming a globally competitive manufacturing hub and preferred investment destination, the next phase must focus on implementation efficiency, policy predictability, and measurable outcomes.Commerce and Industry Minister Piyush Goyal delivered the keynote address as chief guest, urging Indian businesses to turn current global economic uncertainties into opportunities for growth rather than panicking over the situation. “India and Prime Minister Narendra Modi have never let a crisis go by, and the situation in the world is truly an opportunity, a moment of uncertainty that we should engage more deeply with,” Goyal remarked at the summit. “Find ways to strengthen our business processes and prepare ourselves for these uncertain times for a brighter and better future.” His address set the tone for deliberations that would explore how India could leverage global challenges to strengthen business processes, undertake faster reforms, build greater resilience, and fortify supply chains.From Reform Intent to Execution: The Next Phase of India’s Business TransformationThe summit’s core deliberations centered on moving from reform intent to execution efficiency, supply chain resilience, and making India a globally competitive manufacturing hub. In the context of evolving global supply chains, increasing private sector participation, and growing emphasis on manufacturing and MSME development, the summit provided a platform to discuss key priorities for strengthening India’s business ecosystem. The discussions highlighted the importance of strengthening Center-State cooperation for consistent policy execution and showcasing state-level investment facilitation, recognizing that successful implementation requires coordinated efforts across all levels of government.Despite global challenges such as tariffs, the Ukraine conflict, and the West Asia crisis, India’s exports reached an all-time high of USD 863 billion last fiscal year, with growth recorded in both merchandise and services exports. Minister Goyal pointed to this achievement as proof that Indian businesses could thrive even amid global turbulence. “The present global situation and geopolitical uncertainties should be viewed as an opportunity for India to strengthen business processes, undertake faster reforms, build greater resilience, and strengthen supply chains,” he emphasized. Free trade agreements finalized by India are opening doors for greater engagement, which needs to be leveraged for attracting investments and increasing exports rather than allowing imports alone to rise.MSME Empowerment: Simplifying Compliance and Enabling GrowthA significant focus of the summit was placed on targeted interventions to reduce the compliance burden on micro, small, and medium enterprises, which form the backbone of India’s economy. The final panel discussion brought together perspectives on strengthening enterprise growth, faster execution, and competitiveness across MSMEs and services-led sectors. Chaired by Smt. Mercy Epao, Joint Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India, the session focused on simplified compliance frameworks, improved access to credit, stronger value chain integration, regulatory efficiency, and reforms needed to help businesses scale with greater confidence.The discussion reinforced the need for a more agile and enabling business environment that supports India’s enterprise ecosystem in its journey towards Viksit Bharat. Speaking on suggestions received during discussions with industry representatives, Minister Goyal said the government is examining the possibility of establishing a single body at industrial parks to function as a one-stop shop for all central and state approvals. This initiative, part of the “Bhavya” program for developing 100 new industrial parks with centralized clearance bodies, aims to drastically reduce the time and complexity involved in obtaining multiple approvals from different agencies.Digital Integration and One-Stop Service CentersMinister Goyal highlighted that lessons learned during the COVID period had demonstrated the effectiveness of digital engagement and remote working models. “In such a situation, we do not need to panic,” he said, adding that the West Asia crisis and emerging technologies like AI bring opportunities for the Indian industry to seize. The ministry, which has 482 offices across 216 cities under 46 organizations, is working towards consolidating operations into single-point contact centers in state capitals and major cities. This would enable businesses to access services related to organizations such as DGFT, Coffee Board, Spices Board, GeM, and other bodies through integrated and digitally connected systems.Goyal urged greater engagement from the private sector in improving government systems, while expressing concern that the national single-window system had not received adequate participation and feedback from the industry. He called upon businesses to work with the government in identifying specific pain points and improving the ease of doing business through collaborative efforts. India is now targeting exports worth USD 1 trillion, and exporters should proactively leverage upcoming FTAs by exploring new markets, conducting sampling and trial orders, and increasing global engagement even before the agreements formally come into effect.Global Opportunities Amid Uncertainty: AI, Manufacturing, and Supply Chain ResilienceThe minister urged the industry to adopt greater efficiency and reduce waste by learning from global best practices, including Japanese manufacturing systems. Referring to emerging technologies, Goyal noted that AI brings significant opportunities for the Indian industry to seize, particularly in manufacturing optimization, supply chain management, and predictive analytics. The summit brought together eminent speakers from government, industry, and leading institutions to share insights on accelerating investment, enhancing competitiveness, and improving ease of operating businesses in India.Manufacturing transformation, state-led investment facilitation, and enabling MSMEs through simplified regulatory frameworks and improved access to opportunities emerged as key priorities during the deliberations. The discussions recognized that India’s demographic dividend, combined with improving infrastructure and digital infrastructure, positions the country uniquely to benefit from global supply chain diversification as multinational corporations seek to reduce dependency on single-source manufacturing hubs.A
Noida International Airport Officially Opens: Commercial Flights Begin June 15, Marking New Era for Viksit UP and Viksit Bharat
Noida, May 27, 2026 — Prime Minister Narendra Modi officially inaugurated Phase I of the Noida International Airport at Jewar in Gautam Buddha Nagar district of Uttar Pradesh on March 28, 2026, marking a transformative moment for India’s aviation sector and northern India’s connectivity. Noida International Airport at Jewar has officially opened for commercial operations, with flights scheduled to commence from June 15, 2026, marking a transformative moment for India’s aviation sector and northern India’s connectivity. Prime Minister Narendra Modi inaugurated the first phase of the airport earlier this month at Jewar in Gautam Buddha Nagar district of Uttar Pradesh, and the facility has now received final security clearance from the Bureau of Civil Aviation Security. The Prime Minister also laid the foundation stone for 40 acres of Maintenance, Repair, and Overhaul (MRO) facilities at the site during the inauguration ceremony. Speaking on the occasion, Modi declared this a new chapter for the Viksit UP and Viksit Bharat campaign, emphasizing that Uttar Pradesh has now emerged as one of the states with the highest number of international airports in India.Noida International Airport stands among the largest greenfield airport projects in the country, with Phase I developed at a total investment of approximately ₹11,200 crore under a Public-Private Partnership model. The airport will initially handle 12 million passengers per annum, with scalability up to 70 million passengers annually upon full development. Commercial flight operations officially begin June 15, following receipt of approval for its Aerodrome Security Programme from the Bureau of Civil Aviation Security, which certified that the airport’s security framework meets regulatory requirements for commercial operations. IndiGo will operate the first flight from NIA, marking the start of scheduled passenger services, followed shortly by Akasa Air and Air India Express.From Vision to Reality: A 23-Year Journey to CompletionThe airport project was first approved in 2003 during the tenure of former Prime Minister Atal Bihari Vajpayee, making this operational launch the culmination of a 23-year vision. Prime Minister Modi recalled that as soon as the current government was formed, the foundation was laid, construction happened, and now it has started operations. He expressed feeling doubly proud, first for having laid the foundation stone of this airport and now seeing it operational, and second because the name of this grand airport is linked to Uttar Pradesh, the state that chose him as its representative and made him a Member of Parliament.The airport will benefit numerous districts across western UP, including Agra, Mathura, Aligarh, Ghaziabad, Meerut, Etawah, Bulandshahr, and Faridabad, bringing new opportunities for farmers, small and medium enterprises, and the youth of the region. The site is positioned near freight corridors and logistics networks, supporting the movement of goods by air and rail. The area around Dadri, where freight routes converge, has been identified as a key logistics point for northern India. Prime Minister Modi pointed out that this area is becoming the hub of two major freight corridors with special railway tracks laid for goods trains, enhancing North India’s connectivity with the seas of Bengal and Gujarat.Economic Impact Connecting Western UP to Global MarketsPrime Minister Modi emphasized that airports are not just basic facilities in any country but give wings to progress. Due to the expansion of connectivity in the region, agricultural products of western UP will reach the global market in a much better way. The airport will bring numerous new opportunities for farmers, small and medium industries, and the youth of western Uttar Pradesh, with aircraft flying from here to the world, and the airport becoming a symbol of a developed Uttar Pradesh taking flight.The expansion of modern connectivity will further boost food processing prospects in western UP. Prime Minister Modi expressed gratitude to the farmers who gave up their lands to make this project a reality, noting that agriculture and farming hold great importance in the region’s economy. He highlighted that today, Noida is ready to welcome the entire world, and this whole area is strengthening the resolve of Aatmanirbhar Bharat. This multi-modal connectivity is making UP a major attraction for investors worldwide, as whatever farmers grow and industries produce here can now reach every corner of the world swiftly by land and by air.MRO Facility Lays Foundation for Aviation Self-RelianceAddressing a critical gap in India’s aviation ecosystem, Prime Minister Modi drew attention to the Maintenance, Repair, and Overhaul sector, noting that 85 percent of Indian aircraft still have to go abroad for MRO services. The government has resolved to make India self-reliant in the MRO sector, and the foundation stone of an MRO facility was laid at Jewar during the inauguration. When ready, it will serve aircraft from India and abroad, generating revenue for the country, keeping money within India, and creating numerous jobs for the youth.This facility will support aircraft servicing within India, where a significant share of such work is currently carried out overseas, reducing dependency on foreign MRO providers and saving foreign exchange. The government has decided to make India self-reliant in this sector as part of its broader economic policy framework, positioning India as a global hub for aircraft maintenance services.Operational Timeline and First Year ProjectionsThe airport will commence commercial flight operations from June 15 after appointing an Indian CEO, following the security regulator’s approval for its Aerodrome Security Programme. An airport official stated they are looking at 50-60 lakh passengers in the first year of operations. After domestic operations stabilize, they will launch international services, confident of going international before the end of 2026. The airport currently features one runway and one passenger terminal with a capacity to handle 12 million passengers annually, with its master plan including future expansion to accommodate over 70 million passengers each year.The launch follows the DGCA’s clearance granted in March, with PM Modi inaugurating the airport in late March. The airport said the June 15 start date marks the final stage of security clearance after regulatory concerns over a foreign CEO were addressed by appointing Chief Financial Officer Nitu Samra as interim CEO, replacing Swiss national
India’s Reverse Brain Drain Gathers Pace: Why Skilled Professionals Are Choosing to Return Home
India has long been one of the world’s largest exporters of talent, with millions of skilled professionals heading overseas in search of better career prospects and higher wages. But there are growing signs that this long-standing trend may be shifting dramatically. An increasing number of Indian professionals are now choosing to return home, drawn by a rapidly expanding startup ecosystem, a booming digital economy, and improving job opportunities across key sectors. This “reverse brain drain” is occurring at a critical moment when immigration policies are tightening in many parts of the world, particularly in the United States, traditionally the top destination for Indian talent.Among those making the move back is aspiring business owner Shambhavi Gupta, originally from Lucknow in northern India. She pursued her undergraduate studies at the University of California before landing a role at a leading investment bank in San Francisco. Despite a promising career in the US, Gupta had long harbored ambitions of building her own company. With India going through rapid economic and technological growth, she decided to return two years ago. “I felt that India was having its own moment on the global stage,” she told CNA. “India is a really young country. We’re on a very new financial sector journey, and we’re still building up our systems.” Now based in Mumbai, she runs Nine Spot Seven, a financial insights and events platform, and says she has no regrets about her decision to return.From Brain Drain to Brain Circulation: A Fundamental ShiftGupta’s experience reflects a broader trend transforming India’s relationship with its global diaspora. About one-third of roughly 600 high-tech startups founded in India between 2016 and 2023 were established by entrepreneurs who had returned from abroad, according to analysis by New Delhi-based think tank Observer Research Foundation. India still has a vast diaspora estimated at around 35 million people living overseas, but as domestic opportunities expand, more professionals are reconsidering the need to build careers abroad.The narrative is shifting from “brain drain” to what experts now call “brain circulation.” A recent survey by the CFA Institute reveals that 70 percent of Indian graduates are either planning or considering studying abroad, yet most of them are not treating this as permanent migration. Instead, they intend to return to India for employment after completing their education. The story is no longer about loss but about movement and return. Studying abroad is increasingly being seen as an extension of Indian education rather than an escape from it. The idea is not to leave India behind but to step out, build competence, and come back stronger.Powerful Pull Factors Driving Professionals HomeRecruiters say they are seeing a noticeable uptick in returnees, particularly as India cements its position as the world’s fastest-growing major economy. Varun Sachdeva, senior vice president at recruitment firm NLB Services, points to strong demand in emerging sectors as a key pull factor. “Growth opportunities in startups, artificial intelligence, digital infrastructure, and global capability centres being created in India are generating high-quality roles,” he said. The scale of interest in overseas education is unmistakable, with Indian students continuing to look outward for advanced degrees, specialized courses, and global exposure. From engineering and finance to data science and public policy, international universities remain powerful magnets offering better research infrastructure, industry-linked curricula, and the promise of global networks.At the same time, rising living costs overseas and growing uncertainty around immigration policies are pushing some to rethink their options. “There’s a lot of unpredictability, of volatile situations across the globe, with changing visa norms. That is also contributing to people thinking about either staying in India or returning,” Sachdeva said. The shift has been significant enough for his company to launch a dedicated executive search practice focused on helping professionals secure roles in India as they relocate home.Quality of Life Improvements Making India More AttractiveBeyond career prospects, improvements in quality of life are also making India more attractive to returning professionals. Major cities now offer more cosmopolitan lifestyles, better infrastructure, and broader career options than in the past. Sangram Raje is among those who made the move earlier, returning to India in 2014 after spending six years in New York as a quantitative analyst. With a background in computer science, he went on to co-found Prodigal, an AI-driven platform for loan servicing and collections.Raje believes the mindset among Indian professionals has shifted significantly. “The fascination of going to the US has definitely decreased over the years. I have seen a material shift in people’s thinking towards staying in India,” he said. He added that today’s India offers not just professional growth but also a richer lifestyle: “You can have a much more comfortable, varied, multicultural life, especially in cities like Mumbai, Bangalore, Pune, Hyderabad, and Delhi.” Importantly, he noted that the range of opportunities available domestically is far stronger than they were two decades ago, when going abroad was often seen as the default path to success.The Hidden Calculation: Financial and Strategic RealitiesThe decision to study abroad or return is rarely emotional alone, it is financial, strategic, and increasingly calculated. Tuition costs, visa uncertainties, job market volatility in foreign countries, and long-term residency challenges all play into the equation. Against this backdrop, India’s growing economic momentum is becoming a strong counterweight. For many families, the logic is shifting from “how do we stay abroad?” to “how do we make this experience work for India later?”An international degree is no longer just a symbol of prestige but is becoming a tool that is judged differently than before. Indian employers are increasingly looking beyond the degree itself and focusing on what it represents: adaptability, problem-solving in diverse environments, and exposure to global systems. At the same time, graduates are becoming more pragmatic, aware that staying abroad permanently is not always the most stable or rewarding option, especially when India’s own job market is expanding in sectors like finance, technology, and consulting.The Loop That Matters More Than the LineThis emerging pattern is less about brain drain and more about brain circulation. The cycle
N. Rangaswamy: The Man Who Came Back Five Times
IntroductionIn a country where political careers are won and lost in single terms, N. Rangaswamy has done something that no other leader in Puducherry’s history has managed, and very few across India can claim. At 75 years old, he has been sworn in as Chief Minister of the Union Territory for the fifth time.Following the victory of the AINRC-led NDA combine in the recent assembly elections, N. Rangaswamy was sworn in as the Chief Minister of Puducherry for a record fifth term at Lok Nivas on May 13, 2026. The swearing-in ceremony was held at the Puducherry Lok Bhavan, where Lieutenant Governor K. Kailasanathan administered the oath of office and secrecy to Rangaswamy and the newly inducted ministers.PM Modi, in his message, said: “Congratulations to Thiru N. Rangaswamy on taking oath as Puducherry’s Chief Minister. He has made a mark as an experienced and effective administrator who has strengthened Puducherry’s growth journey. Looking forward to working with him for the people’s well-being.”Five terms. Two different parties. Three different political eras. One relentlessly resilient man. The story of N. Rangaswamy is, in many ways, the story of Puducherry itself.The Beginning: Born in Puducherry, Rooted in Its PeopleNatesan Krishnasamy Gounder Rangaswamy was born on 4 August 1950 in Puducherry to parents Natesan Krishnasamy and Panchali. He completed his Bachelor of Commerce from Tagore Arts College and Bachelor of Laws from Dr. Ambedkar Government Law College.He is a trained lawyer who never lost the habits of the courtroom: patience, precision, and the ability to read a room. Those qualities would serve him far better in the chamber of the Puducherry assembly than in any court.Rangaswamy began his political journey with the Congress, winning from Thattanchavady in 1991. He served as a cabinet minister for nearly a decade before becoming Chief Minister in 2001. He was elected again from the same constituency during the 1996, 2001, and 2006 assembly elections. In 1996, Rangaswamy was appointed as Co-operative Minister. In 2000, he became Education Minister.Those ministerial years were not glamorous. Education and cooperative affairs are not the portfolios that attract headlines. They are, however, the portfolios that build grassroots credibility. Rangaswamy used them to do exactly that, cultivating the kind of direct public relationship — house visits, welfare distributions, personal accessibility — that would sustain him through every political crisis that followed.The First Two Terms: Congress and the Dawn of Welfare PoliticsDuring his long stint as Chief Minister from 2001, Rangaswamy brought in developmental reforms in the tiny Union Territory. Housing subsidy for hut dwellers, free breakfast for school children, financial assistance for students in professional colleges, and a host of other infrastructural reforms consolidated his popularity.His approach was simple and had a clear logic: Puducherry is small. What it lacks in size, it compensates with the intensity of its political engagement. Welfare programmes that deliver tangible benefits directly and visibly to voters work here with a directness that is harder to achieve in larger states. Rangaswamy understood this instinctively and governed accordingly.He served as Chief Minister from 2001 to 2006 and again from 2006 to 2008 as a Congress leader. The back-to-back terms were a sign of confidence from both the Congress leadership and the Puducherry electorate. But the Congress gave, and the Congress could also take away.The Fall and the Reinvention: From Congress to AINRCRangaswamy stepped down as Chief Minister in August 2008 after internal issues within the party. Citing irreconcilable differences, he formed his own party, the AINRC.The departure from Congress was not merely a political move. It was, by every account of those who witnessed it, a deeply personal rupture. Rangaswamy had given the Congress party in Puducherry his best years, built its base, and won it elections. To be pushed out by internal maneuvering — by colleagues within his own party rather than by voters — was a humiliation that would have broken less resilient politicians.Instead, it produced something remarkable. He formed his own party, AINRC, and on 7 February 2011 launched the All India N.R. Congress as a breakaway from the Indian National Congress.The audacity of the move should not be understated. Puducherry’s political landscape at the time was dominated by the Congress and the DMK-aligned AIADMK. Breaking away from the Congress in a territory where it had deep roots, building a new party from scratch, and then winning an election within months — this is what political resilience looks like in practice.In the assembly elections held in April 2011, AINRC contested the elections in an alliance with the Jayalalithaa-led AIADMK and won 15 out of the 17 seats it contested. AINRC formed the government independently, with the support of an Independent, which enabled it to get a majority in the 30-seat assembly. Rangaswamy won from the Kadirkamam Assembly constituency and was sworn in as Chief Minister of Puducherry for the third time on 16 May 2011.The Setback of 2016 and the Road BackThe 2016 election was the low point of Rangaswamy’s career. AINRC, no longer in alliance with the AIADMK, contested alone. Though Rangaswamy won from the Indira Nagar Assembly constituency, the party won only eight seats in the assembly. Hence, Rangaswamy resigned as Chief Minister on 6 June 2016. He later served as the leader of the opposition in the Puducherry assembly from August 2016 to February 2021.Five years in opposition. For a man who had been Chief Minister three times, the leader of the opposition bench is a dramatically different vantage point. He used those years the way he had always used difficult periods — to rebuild the ground-level network, to remain accessible, and to wait.The wait ended in dramatic fashion. After the Puducherry government led by V. Narayanasamy lost a trust vote in the assembly in February 2021, the 2021 legislative assembly elections were held in April 2021. AINRC became part of the National Democratic Alliance and allied with the Bharatiya Janata Party and the AIADMK. The NDA won 16 seats, with AINRC winning 10 of the 16 seats it contested.Rangaswamy was sworn in
BRICS Foreign Ministers’ Meeting, New Delhi: A Bloc Divided by the War It Could Not Name
IntroductionWhen India’s External Affairs Minister S. Jaishankar took the chair at Bharat Mandapam in New Delhi, he was presiding over the most consequential BRICS Foreign Ministers’ Meeting since the bloc’s expansion. Eleven member states sat around the table. The agenda was India’s: global institutional reform, South-South cooperation, economic resilience, and the priorities of the developing world. The problem that arrived uninvited was the Iran war.Top diplomats from BRICS nations, including rivals Iran and the United Arab Emirates, failed to issue a joint statement after a two-day meeting in New Delhi, exposing divisions within the bloc over the war in Iran. Host nation India instead released a Chair’s Statement and Outcome Document, saying there were “differing views among some members” as regards the situation in the West Asia and Middle East region.The inability to produce a joint declaration — the standard diplomatic deliverable of any ministerial meeting — was not a procedural failure. It was a substantive one, and it went to the heart of what BRICS is, what it has become after its 2024-2025 expansion, and whether it can function as a coherent voice for the Global South when its own members are on opposite sides of an active war.The Meeting: Who Was There and What Was PlannedThe meeting was held at Bharat Mandapam under India’s 2026 chairship. It followed a preparatory ministerial held on September 26, 2025, on the sidelines of UNGA 80, where India as the incoming chair had set out its agenda.Those in attendance included Indonesia’s Foreign Minister Sugiono, Iran’s Foreign Minister Abbas Araghchi, South Africa’s Foreign Minister Ronald Lamola, Russia’s Foreign Minister Sergei Lavrov, India’s External Affairs Minister S. Jaishankar, Brazil’s Foreign Minister Mauro Vieira, Egypt’s Foreign Minister Badr Abdelatty, Ethiopia’s Foreign Minister Gedion Timothewos, China’s Ambassador to India Xu Feihong, and UAE’s Minister of State for Foreign Affairs Khalifa bin Shaheen Al Marar. Uganda’s Foreign Minister Odondo Jeje Abubakha was also present as a representative of the bloc’s outreach partners.India’s intended agenda was carefully constructed to avoid precisely the kind of confrontation that ultimately occurred. India’s chairship theme — Building for Resilience, Innovation, Cooperation and Sustainability — framed the meeting. Ministers reaffirmed BRICS’s three pillars: political and security cooperation, economic and financial cooperation, and people-to-people exchanges. They repeated the bloc’s commitment to openness, equality, and consensus.What the Chair’s Statement CoveredDespite the headline failure to produce a joint declaration, the Chair’s Statement and Outcome Document ran to 63 paragraphs covering a wide range of issues where agreement was possible.The Chair’s Statement gave most space to reform of global institutions: the United Nations and its Security Council, the IMF, the World Bank, and the WTO. Members argued that present structures do not reflect contemporary realities and favour developed Western powers. The statement reiterated support for a multipolar order and for greater representation of Africa, Asia, and Latin America in global decision-making.On economic matters, the ministers called for resilient supply chains, fair trade, reform of the global financial architecture, expansion of local-currency trade, and stronger South-South cooperation. The bloc opposed unilateral sanctions, protectionism, and trade barriers, and backed a rules-based multilateral trading system centred on the WTO.The document also covered cooperation on artificial intelligence, digital infrastructure, cybersecurity, climate change, energy transition, health security, food security, and innovation-led growth. Initiatives endorsed included the BRICS Grain Exchange, cross-border payment systems, and a stronger role for the New Development Bank and the Contingent Reserve Arrangement.On geopolitics, the ministers discussed West Asia, Gaza, Lebanon, Sudan, Syria, and Yemen, but could not agree on language for the Iran war. The text instead set out general principles: diplomacy, humanitarian access, ceasefires, protection of civilians, and respect for international law. The ministers strongly condemned terrorism, including the Pahalgam attack of April 22, 2025, and called for closer counter-terrorism cooperation.On Palestine specifically, the Chair’s Statement had four paragraphs on Palestine, including one recognising a two-state solution with East Jerusalem as the capital of an independent Palestine. The ministers recalled that the Gaza Strip is an inseparable part of the Occupied Palestinian Territory and reaffirmed the right of the Palestinian people to self-determination, including the right to an independent State of Palestine.The Fault Line: Iran vs. the UAE Inside the Same BlocThe meeting’s collapse into a Chair’s Statement rather than a joint declaration had a specific cause, a specific pair of actors, and a specific set of paragraphs that could not be reconciled.The central dispute was over how BRICS should describe the war involving Iran, the US, and Israel. Iran wanted the grouping to condemn US-Israeli attacks on it, while accusing the UAE — a fellow BRICS member and US ally — of direct involvement in military operations against Iran.On the first day of talks, Iranian Foreign Minister Abbas Araghchi called upon BRICS member states and the international community to explicitly condemn violations of international law by the United States and Israel, including their illegal aggression against Iran, to prevent the politicisation of international institutions, and to take concrete action to halt warmongering and bring an end to the impunity of those who violated the UN Charter.Araghchi explicitly accused the UAE of being “directly involved in the aggression against my country.” Tehran views the UAE and Saudi Arabia not as neutral neighbours but as “hostile bases” because they host critical US military infrastructure and failed to condemn the initial US-Israeli strikes on Iran.The UAE’s response was unequivocal. UAE’s Minister of State for Foreign Affairs Khalifa bin Shaheen Al Marar categorically rejected the allegations levelled by Iran and condemned what he termed “unjustified attacks” on civilian infrastructure. He defended UAE sovereignty against Iran’s charges in his national statement. “Despite numerous international and regional resolutions and condemnations, Iran has continued its terrorist attacks against the UAE and other countries in the region, in clear disregard of the international consensus,” he said.It is learnt that Iran had an issue specifically with paragraphs 26 and 29 of the proposed joint statement — the paragraphs covering Palestine and the Red Sea respectively. However, Araghchi, without naming the UAE, blamed a country
PM Modi Launches Five-Nation Tour to Secure Energy, Tech Ties Amid Iran War
Prime Minister Narendra Modi has begun a massive five-nation tour starting in the United Arab Emirates (UAE). The trip runs from May 15 to May 20, 2026. It includes visits to the UAE, the Netherlands, Sweden, Norway, and Italy. The Prime Minister travels at a critical time when the ongoing war between the US and Iran has disrupted global shipping routes. Tensions around the Strait of Hormuz have caused oil prices to rise. This tour aims to secure India’s energy supply and strengthen technology partnerships. The visit comes right after India and the European Union signed a historic free trade agreement. Modi calls this deal the “mother of all deals.”The journey highlights India’s effort to build strong economic ties while managing global instability. Experts say diplomacy can reduce market panic, but oil prices will stay high until the war ends. Until then, India must focus on energy security and protecting its economy from rising costs.Visit to UAE: Fortifying Energy and Strategic TiesPM Modi landed in the UAE on May 15 to meet President Sheikh Mohamed bin Zayed Al Nahyan. Since 2014, Modi has visited the UAE seven times. President Sheikh Mohamed has visited India five times. Their relationship has only grown stronger over the years. The UAE has remained one of India’s most reliable energy partners even during this Gulf crisis. Long-term oil and gas supply agreements protect India’s energy security.Two important Memorandums of Understanding (MoUs) are likely to be signed during this visit. One deals with Liquefied Petroleum Gas (LPG). The other focuses on Strategic Petroleum Reserves. These deals will help India store more fuel for emergencies. Bilateral trade between India and the UAE crossed $101.25 billion in the last financial year. Both nations aim to double this trade to $200 billion by 2032. The UAE is India’s seventh-largest investor, with over $25 billion in cumulative investment.The UAE also hosts the largest group of Indian expatriates in the world. Over 4.5 million Indians live there. They form the backbone of the UAE economy. The leaders will discuss their welfare and safety. Remittances from these workers help India’s foreign exchange reserves. A Local Currency Settlement system allows trade in Indian Rupees and UAE Dirhams. This reduces dependence on the US dollar.Netherlands: Chip Deals and Water TechnologyThe Prime Minister arrived in the Netherlands from May 15 to 17. This is only his second visit since 2017. The partnership focuses on “innovation meets scale.” Dutch technology combines with India’s massive market size. Areas like semiconductors, water management, hydrogen, and maritime tech are key.A major business highlight is the agreement between Tata Electronics and ASML Netherlands. They will sign a deal to equip a semiconductor fabrication plant in Dholera, Gujarat. This boosts India’s chip-making capabilities. PM Modi and the Dutch Prime Minister visited the Afsluitdijk Dam together. This site shows cooperation in clean energy and sustainable fisheries. The Netherlands is India’s largest trading partner in Europe. Trade reached $27.8 billion in FY 2024-25. It is also India’s fourth-largest investor.The PM addressed the Indian community of over 90,000 NRIs. The visit also reached out to over 200,000 Surinami Hindustanis, the largest Indian-origin group in mainland Europe. Both nations are streamlining migration and mobility. Tourism between the two countries is set to grow.Sweden: Defense, AI, and Strategically De-risking from ChinaModi visited Sweden after an eight-year gap. He last went there in April 2018 for the first India-Nordic Summit. Sweden invests over 3 percent of its GDP in research and development. It ranks among the top innovators in Europe. Sweden has taken a firm stance to reduce its reliance on China. They removed Chinese vendors from their telecom networks. This makes India a key strategic partner.Bilateral trade reached $7.75 billion in 2025. Over 280 Swedish companies work in India. A major project is the Saab manufacturing plant in Jhajjar. Saab is building its first Carl-Gustaf weapon plant outside Sweden here. This is India’s first 100 percent FDI-driven defense project. Sweden also holds large critical mineral deposits. This helps India secure supply chains for electric vehicles and defense electronics.A new Statement of Intent created the Sweden-India Technology and AI Corridor (SITAC). It covers 6G, Artificial Intelligence, quantum computing, and life sciences. Over 80 Swedish companies attended the AI Impact Summit 2026. The Maharashtra government signed an MoU for electric boat investment worth Rs 1,990 crore.Norway: First Solo Visit in 43 Years and Arctic TechThis trip marks the first standalone visit by an Indian Prime Minister to Norway in 43 years. Modi attended the third India-Nordic Summit in Oslo. This summit places India in a high tier of Nordic engagement, joining only the United States. The India-EFTA TEPA agreement is now in force. It promises $100 billion in investment and one million jobs over 15 years.Norway’s sovereign wealth fund, the world’s largest at $2 trillion, has invested nearly $30 billion in India. Indian shipyards now hold 11 percent of Norwegian ship orders. Cochin Shipyard is building eco-friendly vessels for Norway. An MoU between GRSE and Kongsberg Maritime will deliver India’s first indigenous Polar Research Vessel.ISRO antennas at Svalbard became operational in 2026. They support India’s Arctic research. Norwegian tunneling technology helps the Char Dham railway project. Clean energy cooperation will diversify India’s energy mix. Norway also sees opportunities for Indian talent due to its aging population.Italy: Strategic Partnership and Submarine CablesPM Modi travels to Italy from May 19 to 21. He meets Prime Minister Giorgia Meloni to reaffirm their strategic partnership. The visit follows the Joint Strategic Plan of Action 2025-29. Italy views India as a major power and an indispensable partner.Italy champions the India-Middle East-Europe Economic Corridor (IMEEC). A new submarine cable, Sparkle-Airtel Blue-Raman, connects Genoa to India. This secures supply chains and boosts energy security. Bilateral trade reached $16.77 billion in 2025. The target is 20 billion euros by 2029. Tata Motors acquired the Iveco Group for 3.8 billion euros. This is the largest Indian investment in Italy. Italy opened a SIMEST office in Delhi to support SMEs.Energy Crisis and Global ImpactThe Iran war has caused