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In my session on ‘Energy Talks: India’s energy industry: from diversification to economic growth’ with Dan Murphy at #ADIPEC2023

Oct 03,2023

India’s energy demand will continue to provide fuel for future economic growth, as it is bound to grow exponentially :
India is world’s 
3rd largest consumer of oil
3rd largest LPG consumer
4th largest LNG importer
4th largest refiner 
4th largest automobile market
Even when the world was hit by energy crisis & energy prices skyrocketed in developing & developed countries, India under leadership of PM Narendra Modi Ji ensured that fuel prices did not rise by reducing excise duties & state VAT on two occasions. In my session on ‘Energy Talks: India’s energy industry: from diversification to economic growth’ with Dan Murphy at #ADIPEC2023 discussed how the growth-energy correlation is evident in India as it is now the world’s 3rd largest energy consumer.