Indian Oil & Gas Industry: A Critical Overview
Abstract
The Indian Oil & Gas industry is growing rapidly and playing an important role for the development of Indian economy. Being major consumer of energy resources, India has limited supplies of oil. The demand-supply gap however is very high. The structured industry note gives an overview and insights of the Indian Oil & Gas industry as a whole. It also appraises emerging current scenario of Indian Oil & Gas industry. It further measures the progressive step taken by the government towards India’s energy security through creation of conductive policy and regulatory framework to promote Exploration & Production, Refining and Retailing of Oil and Gas for competitive and healthy growth of the industry and country as a whole.
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