Prime Minister Participates in 6th BIMSTEC Summit in Thailand

07 Apr 2025 CW Team

Opening his address by extending condolences over the tragic loss of lives in the recent earthquake affecting Myanmar and Thailand, the Prime Minister expressed gratitude to Thai Prime Minister Srettha Thavisin for his leadership. He highlighted BIMSTEC’s strategic role as a vital bridge between South and Southeast Asia and stressed the need to enhance the organisation’s agenda and institutional capacity.

Several India-led initiatives were announced to strengthen regional cooperation. These include the establishment of BIMSTEC Centres of Excellence in India focused on Disaster Management, Sustainable Maritime Transport, Traditional Medicine, and Agricultural Research and Training. A new human resource initiative—BODHI (BIMSTEC for Organised Development of Human Resource Infrastructure)—was also launched to offer training and scholarships across sectors.

Further, Prime Minister Modi proposed a pilot study to identify regional needs for Digital Public Infrastructure and a capacity-building programme for cancer care. To boost economic integration, India offered to set up a BIMSTEC Chamber of Commerce and host an annual BIMSTEC Business Summit.

On the cultural front, he announced India’s plans to host a BIMSTEC Athletics Meet this year, the inaugural BIMSTEC Games in 2027 to mark the grouping’s 30th anniversary, and a Traditional Music Festival. Initiatives to engage the youth include a Young Leaders’ Summit, a Hackathon, and a Young Professional Visitors Programme.

The Summit concluded with the adoption of several key documents:

Summit Declaration

BIMSTEC Bangkok Vision 2030, outlining the roadmap for collective prosperity BIMSTEC Maritime Transport Agreement, enabling closer maritime cooperation Report of the BIMSTEC Eminent Persons Group, offering strategic recommendations for the future of the grouping.

Prime Minister Shri Narendra Modi took part in the 6th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit held on 4 April 2025, hosted by Thailand—the current chair of the grouping. The Summit’s theme, “BIMSTEC: Prosperous, Resilient and Open”, underscored the shared aspirations of member nations and the vision for inclusive growth amidst global uncertainties. Opening his address by extending condolences over the tragic loss of lives in the recent earthquake affecting Myanmar and Thailand, the Prime Minister expressed gratitude to Thai Prime Minister Srettha Thavisin for his leadership. He highlighted BIMSTEC’s strategic role as a vital bridge between South and Southeast Asia and stressed the need to enhance the organisation’s agenda and institutional capacity. Several India-led initiatives were announced to strengthen regional cooperation. These include the establishment of BIMSTEC Centres of Excellence in India focused on Disaster Management, Sustainable Maritime Transport, Traditional Medicine, and Agricultural Research and Training. A new human resource initiative—BODHI (BIMSTEC for Organised Development of Human Resource Infrastructure)—was also launched to offer training and scholarships across sectors. Further, Prime Minister Modi proposed a pilot study to identify regional needs for Digital Public Infrastructure and a capacity-building programme for cancer care. To boost economic integration, India offered to set up a BIMSTEC Chamber of Commerce and host an annual BIMSTEC Business Summit. On the cultural front, he announced India’s plans to host a BIMSTEC Athletics Meet this year, the inaugural BIMSTEC Games in 2027 to mark the grouping’s 30th anniversary, and a Traditional Music Festival. Initiatives to engage the youth include a Young Leaders’ Summit, a Hackathon, and a Young Professional Visitors Programme. The Summit concluded with the adoption of several key documents: Summit Declaration BIMSTEC Bangkok Vision 2030, outlining the roadmap for collective prosperity BIMSTEC Maritime Transport Agreement, enabling closer maritime cooperation Report of the BIMSTEC Eminent Persons Group, offering strategic recommendations for the future of the grouping.

Infrastructure Urban

08 Apr 2026

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Infrastructure Urban

08 Apr 2026

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Infrastructure Urban

08 Apr 2026

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..