The country is also benefiting from cheaper Russian crude and rising temperatures, which have led to higher refinery runs and imports. The oil and gas sector in India is expected to continue growing at a rapid pace, providing a significant boost to the country's economy. Experts predict that the trend will continue, as India's energy needs continue to increase, driven by population growth, urbanization, and increasing vehicle ownership.
The government's focus on expanding the country's refining capacity and increasing domestic production will further strengthen the sector, making it a key driver of India's economic growth in the years to come.