economy
January 28, 2026
India’s energy sector offers $500 billion opportunity
India is undertaking rapid reforms in every sector, Narendra Modi has said

TL;DR
- India's energy sector has $500 billion in investment opportunities.
- India is among the top five exporters of petroleum products globally.
- The country is undertaking rapid reforms across all sectors.
- New Delhi has opened up its exploration sector and supports the Samudra Manthan Mission.
- India aims to increase oil and gas investment to $100 billion by 2030.
- The target is to expand exploration scope to 621,000 square miles.
- India ranks second in refining capacity globally, aiming to increase it from 260 MMT to 300 MMT per annum.
- India and Russia are set to intensify cooperation in energy and mining in the Far East and Arctic zone.
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