Invest In India
PETROLEUM AND NATURAL GAS
- India accounts to be the largest exporter of petroleum products in Asia, 2nd largest
refiner in Asia and 3rd largest consumer of crude oil and petroleum products in the
world.
- This is one of the most important core industries in India and plays a major role in
influencing decision making for all other sections of the economy.
- This is a sector with major possibilities of FDI as there will always be an accelerated
demand for both oil and gas- demand for primary energy is expected to increase
threefold by 2035.
- 100% FDI in petroleum and natural gas is allowed in exploration activities under
automatic route.
- 49% FDI in petroleum sector is allowed in by the Public Sector Undertakings (PSU),
without any disinvestment or dilution of domestic equity in the existing PSUs under
automatic route.
