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Modi Unveils Tech Atmanirbhar Bharat and Breaks Ground on Bengaluru Metro Phase 3

The launch follows Cabinet approval of a Rs 1 lakh crore RDI scheme designed to accelerate domestic technology innovation.

Overview

  • Modi laid the foundation stone for Bengaluru Metro Phase 3 at the IIIT Auditorium in Electronics City.
  • The Cabinet approved a Rs 1 lakh crore Research Development and Innovation scheme to support deep-tech research and sunrise sectors.
  • India’s exports have surged from $480 billion in 2014 to $850 billion today, making it a top-five exporter of mobile handsets.
  • Modi cited IMF forecasts that project India as the world’s fourth-largest economy in 2025 and the third-largest by 2027–28.
  • He urged Indian tech firms to prioritise domestic needs under Tech Atmanirbhar Bharat with an eye on AI dominance and a homegrown semiconductor industry.