Text of Prime Minister's statement on the BRICS Business Council

Published By : Admin | July 16, 2014 | 01:20 IST

Excellencies, 

Distinguished members of the Business Council 

Ladies and Gentlemen,

I believe, economic forces are becoming increasingly important in global relationships. 

Domains like Trade, Technology, Tourism, Talent and Tradition have the power to redefine existing paradigms. 

I am thus pleased, that we established, the BRICS Business Council, in Durban, last year.

It is important, that our business leaders lead the effort in promoting trade, investment and manufacturing ties, among our countries.

I appreciate the work done by the Council.

Various enabling agreements, and MoUs; have already been signed between BRICS Development Banks, to promote intra-BRICS trade and investment. 

I would suggest the Business Council work in close coordination with the Development Banks, and, the Contact Group on Trade and Investment Issues. 

The suggestions presented in the Annual Report are important. The Council should work closely with BRICS Sherpas to see how these suggestions can be taken forward.

I am also happy to note that the Council has gone beyond BRICS to make concrete proposals for contributing to the growth, and development of the larger African region.

India remains committed to partnering with African countries in their developmental initiatives.

I once again, express my appreciation for the good work that has been done.

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Distinguished delegates, Esteemed scientists, Innovators, Astronauts, And, Friends from across the globe,

Namaskaar !

It is a great pleasure to connect with all of you at the Global Space Exploration Conference 2025. Space is not just a destination. It is a declaration of curiosity, courage, and collective progress. India’s space journey reflects this spirit. From launching a small rocket in 1963, to becoming the first nation to land near the South Pole of Moon, our journey has been remarkable. Our rockets carry more than payloads. They carry the dreams of 1.4 billion Indians. India’s achievements are significant scientific milestones. Beyond that, they are proof that the human spirit can defy gravity. India made history by reaching Mars on its first attempt in 2014. Chandrayaan-1 helped discover water on the Moon. Chandrayaan-2 gave us the highest-resolution images of the Moon. Chandrayaan-3 increased our understanding of the lunar South Pole. We built cryogenic engines in a record time. We launched 100 satellites in a single mission. We have launched over 400 satellites for 34 nations on our launch vehicles. This year, we docked two satellites in space, a major step forward.

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Friends,

India’s space journey is not about racing others. It is about reaching higher together. Together, we share a common goal to explore space for the good of humanity. We launched a satellite for the South Asian nations. Now, the G20 Satellite Mission, announced during our Presidency, will be a gift to the Global South. We continue to march ahead with renewed confidence, pushing the boundaries of scientific exploration. Our first human space-flight mission, ‘Gaganyaan’, highlights our nation’s rising aspirations. In coming weeks, an Indian astronaut will travel to space as part of a joint ISRO-NASA Mission to the International Space Station. By 2035, the Bharatiya Antariksha Station will open new frontiers in research and global cooperation. By 2040, an Indian’s footprints will be on the Moon. Mars and Venus are also on our radar.

Friends,

For India, space is about exploration as well as about empowerment. It empowers governance, enhances livelihoods, and inspires generations. From fishermen alerts to GatiShakti platform, from railway safety to weather forecasting, our satellites look out for the welfare of every Indian. We have opened our space sector to startups, entrepreneurs, and young minds. Today, India has over 250 space start-ups. They are contributing to cutting-edge advancements in satellite technology, Propulsion systems, imaging, and much more. And, you know, it is even more inspiring that many of our missions are being led by women scientists.

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Friends,

India’s space vision is grounded in the ancient wisdom of ‘Vasudhaiva Kutumbakam’, that is, the world is one family. We strive not just for our own growth, but to enrich global knowledge, address common challenges, and inspire future generations. India stands for dreaming together, building together, and reaching for the stars together. Let us together write a new chapter in space exploration, guided by science and shared dreams for a better tomorrow. I wish you all a very pleasant and productive stay in India.

Thank you.