Modi Warns of Weaponisation of Resources, Sea Routes; Urges Energy Self-Reliance
He said India imports nearly 90% of its crude oil needs and cited a Rs 84,084-crore offshore exploration plan to cut exposure to supply shocks.
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Independence Day: PM Modi puts self-reliance, energy security, chips, tech at centre of developed India push
The trade artery is important for India, as about 40% of the country’s oil imports, over 50% of its natural gas imports, and 90% of its liquefied petroleum gas (LPG) imports came through the Strait of Hormuz before the war began.
Modi warns of weaponisation of resources, sea routes; urges energy self-reliance
New Delhi, Aug 15: Prime Minister Narendra Modi on Saturday warned that the weaponisation of resources and strategic sea routes by some countries posed risks to India's economic security, calling for greater self-reliance in energy to reduce the country's vulnerability to overseas supplies. Addressing the nation from the ramparts of the Red Fort on India's 80th Independence Day, Modi said India needed to strengthen domestic capacity in critical …
‘World weaponising resources, future-tellers fearmongering’: PM targets external & internal threats
From the Red Fort on India’s 80th Independence Day, Prime Minister Narendra Modi delivered a two-pronged message, warning about growing geopolitical risks while hitting out at those he described as ‘future-tellers’ who spread fear. Modi warned that resources, fuel, medicines, technology and strategic sea routes were increasingly being weaponised, posing risks to India’s economic security. He stressed greater self-reliance in energy and critical …
Prime Minister Narendra Modi said that today everyone is using resources as weapons. Even land has been weaponized. In this context, India is rapidly moving towards self-reliance.
PM Modi warns of weaponisation of resources, sea routes; urges energy self-reliance
Without naming any country, Mr. Modi said resources ranging from fuel and medicines to technology were increasingly being used as instruments of geopolitical pressure, while strategic geographical routes were also being weaponised.
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