GUATEMALA CITY (TIP): India, under the visionary direction set by Hon’ble Prime Minister Shri Narendra Modi on 3T (Tourism, Technology & Trade), has positioned itself as a formidable player in the global arena across various technological domains during last decade. In this direction, a team of Bharat Electronics Limited (BEL), a Navratna PSU under the Ministry of Defence, Government of India is currently Guatemala to pave the way for a substantial venture in the country, focusing on a comprehensive site survey for a forthcoming 170MW solar energy project. The site survey is being designed to intricately assess and analyze potential locations that can optimally harness solar energy for efficient power generation. This thorough examination includes an in-depth analysis of solar irradiance levels, topography, weather patterns, and environmental considerations. The ambitious 170MW solar energy project is poised to make a substantial contribution to Guatemala’s energy requirements, delivering clean and sustainable power to support the nation’s developmental needs. This collaborative venture underscores the commitment of the Indian government to contribute to Guatemala’s economic growth, energy security, and sustainable development. Beyond being a significant stride for BEL in the renewable energy sector, this project symbolizes a milestone in Guatemala’s journey towards a greener and more sustainable energy future. The presence of BEL in this significant endeavor reflects the shared vision of India and Guatemala in fostering technological advancements and addressing the global imperative of sustainable energy solutions.
India has witnessed rapid progress in electronics and telecommunications, fueled by the ‘Make in India‘ initiative, which has boosted indigenous manufacturing and innovation. Central America recognizes the significance of advanced technologies like electronics, defense, aeronautics, and radar technology for regional development. Local companies understand the potential of these sectors in improving connectivity, communication networks, and access to digital services, fostering economic growth, education, and healthcare. Governments emphasize enhancing defense and security infrastructure, with growing interest in aeronautics and radar technology for transportation, disaster management, and surveillance. Acknowledging these needs, the Embassy of India facilitated a Business Meet on January 12, 2024, connecting local authorities, companies, and experts in these crucial sectors.
In a concerted effort to disseminate crucial information and catalyze the advancement of indigenous technology, the Embassy proactively sought the participation of a representative from Bharat Electronics Limited (BEL) to address a gathering of Guatemala companies in the sector of telecommunication, defense systems, engineering goods and security systems. Representative from Bharat Electronics Limited (BEL) delivered a succinct presentation, acquainting the audience with BEL’s diversified expertise in areas such as homeland security solutions, smart cities, e-governance solutions, space electronics (including satellite integration), energy storage products (including e-vehicle charging stations and solar), network and cyber security, railways and metro solutions, airport solutions, Electronic Voting Machines, telecom products, passive night vision devices, medical electronics, composites, and software solutions. Notably, there was a keen interest among the participants, particularly inquiring about smart cities and security-related technologies.
Under the astute guidance of Dr. Manoj Kumar Mohapatra, the Indian Ambassador to Guatemala, the Embassy of India has played an active and pivotal role in organizing such insightful events aimed at disseminating valuable technology to the host country. It has been learned that the Embassy, in collaboration with Lakshmi Capital, an Indian company, is spearheading various infrastructural projects in the region, anticipating an investment of USD 6 billion. Advanced negotiations with the Government of El Salvador have resulted in the initiation of a metro line project and the supply of 5000 buses, representing a substantial investment of USD 1 billion. A Letter of Intent has already been signed between the parties. Similar discussions are underway with the Government of Guatemala for projects such as a metro line in Guatemala City, a train line across the country, and solar power initiatives. Furthermore, the Embassy is actively engaged in progressing discussions and is on the verge of signing a Letter of Intent with the Mayor of Xela for projects encompassing cable cars, the supply of 700 buses, installation of a hydraulic turbine, and project on solid waste management. These collaborative initiatives not only bolster the growing bilateral relations between India and Guatemala but also leverage India’s robust technological capabilities to fortify these ties.