Crude oil imports continue to meet 90% of India's domestic demand: CII-EY report
AI Summary
India's dependence on imported primary energy has slightly decreased to about 42% in FY25 from 47% in FY17, with crude oil imports still meeting 90% of domestic demand. This indicates gradual progress in energy self-sufficiency amidst ongoing reliance on external sources.
New Delhi: India's overall dependence on imported primary energy has eased modestly to around 42 per cent in FY25 from 47 per cent in FY17, but crude oil...
World Markets Commodities Energy crude oil imports India energy demand primary energy energy dependency CII-EY report FY25 domestic demand