GOA: In a keynote address at India Energy Week 2026, Union Petroleum and Natural Gas Minister Hardeep Singh Puri highlighted India’s remarkable strides in the energy sector. Speaking on Thursday, he emphasized the realistic potential of attracting $500 billion in investments under Prime Minister Narendra Modi’s visionary leadership. This ambitious target, coupled with $100 billion opportunities in exploration and production, underscores India’s commitment to energy security, sustainability, and economic growth.
During an exclusive interaction, Puri revealed details from a high-level meeting with CEOs on January 27, where global discussions centered on emerging energy prospects. ‘These figures are not just aspirational; they are achievable,’ he asserted, pointing to accelerated efforts to realize these goals.
Shifting focus to international trade, Puri hailed the EU-India Free Trade Agreement (FTA) as a game-changer. Described by EU officials as the ‘mother of all trade agreements,’ it promises zero-duty access for 98% of Indian products to the vast EU market comprising 27 high-purchasing-power nations. This historic pact is set to supercharge India’s exports and bolster its global trade position.
Puri also spotlighted burgeoning business deals in ports and shelters, driving sectoral progress. Amid geopolitical turbulence and supply chain disruptions—like rerouted freight carriers inflating costs—India has masterfully kept energy prices stable for the common citizen. Insurance rates remain unchanged, a testament to prudent policies, particularly in BJP-governed states, while sustainability remains a core priority.
As global challenges persist, India’s balanced approach positions it as a leader in resilient energy strategies, ensuring affordability without compromising growth.