Visionary, energy-driven strategy

India’s Economic Growth

• India has become the world’s fourth-largest economy, surpassing Japan.

• Under Prime Minister Narendra Modi’s leadership, India’s GDP has more than doubled to $4.3 trillion in 2025.

• India’s energy sector has undergone a structural transformation during the first year of Modi 3.0.

India’s Energy Strategy

• India is the third largest energy and oil consumer, fourth-largest refiner, and fourth-largest LNG importer globally.

• Energy demand is expected to grow two and a half times by 2047 and 25% of incremental global demand set to come from India.

The Energy Strategy

• The strategy addresses the energy trilemma of availability, affordability, and sustainability through diversification of sources and suppliers, expansion of domestic production, transition to renewables, and affordability.

• India’s exploration acreage has doubled from 8% in 2021 to 16% in 2025.

• The government aims to unlock 42 billion tonnes of oil and oilequivalent gas by 2030.

• The revised gas pricing mechanism has enhanced gas availability for city gas networks and industrial usage.

• Technological and geophysical efforts have expanded data and exploration confidence, especially in frontier basins.

India’s Green Strategy

• Biofuels have emerged as a cornerstone of India’s green strategy.

• Ethanol blending in petrol has surged from 1.5% in 2013 to 19.7% in 2025.

• Green hydrogen has been given a massive thrust with 8.62 lakh tonnes of production and 3,000 MW of electrolyser tenders awarded.

• India’s natural gas pipeline network spans over 25,000 km; it targets 33,000 km by 2030.

• The Oilfields (Regulation and Development) Amendment Act 2024 has enabled hybrid leases, allowing renewables alongside hydrocarbons.

Affordability

• Despite global LPG prices rising by 58%, fuel prices in India have been kept stable through excise cuts.

• India’s energy sector is now marked by confidence, self-reliance, and strategic foresight.