Blitz Bureau
NEW DELHI: Prime Minister Narendra Modi inaugurated the fourth edition of India Energy Week (IEW) 2026 conclave and hailed the India-EU Free Trade Agreement as mother of all deals and an excellent example of synergy between two of the world’s largest economies.
“The agreement will forge a market of 2 billion people at a time when trade ties are being made amid rising geopolitical tensions. I congratulate our colleagues associated with every sector, such as textiles, gems and jewelry, leather and shoes. This deal will prove to be very supportive to these sectors,” PM Modi said
Addressing the delegates at the event in South Goa after the virtual inauguration, PM Modi said, “You all have come to India to discuss energy and sustainability; I welcome everyone. India Energy Week (IEW) has become a global platform for dialogue and action in a very short period of time.”
He added that before proceeding further, he would like to mention a major development, noting the near closure of a very significant agreement between India and the European Union. “The world is talking about this as the mother of all deals. This pact has brought tremendous opportunities for India’s 140 crore people and the crores of people in European countries,” he said, talking about the India-EU Free Trade Agreement (FTA).
PM Modi stated that today, India has become a “land of immense opportunities” for the energy sector. Stressing that India is the world’s fastest-growing major economy, which means that the demand for energy products is continuously rising, the PM Modi said, “India offers excellent opportunities to meet global demand. Today, we are among the top five in the world for petroleum products. Our export coverage reaches over 150 countries. India’s capability will be very useful for you, which is why a platform like Energy Week is an excellent venue to foster our partnership.”