By Prashant Vasisht, Senior Vice President and Co-Group Head, Corporate Ratings, ICRA Limited The hydrocarbon sector plays a vital role in keeping the economy running. However, oil and gas supplies have been deeply affected by […]
In recent years, the Indian government has given significant impetus to infrastructure development, driven by the growing need to support ongoing economic growth and rapid urbanisation. National development goals such as Viksit Bharat 2047 have […]
The hydrocarbon sector is vital in keeping India’s economic growth engine running. Domestic crude oil consumption has increased from 174.5 million tonnes (mt) in FY 2013 to 247.8 mt in FY 2023, growing at a […]
Oil production declines even as consumption grows Oil consumption in the country has grown at a CAGR of 3.69 per cent from 2000 to 2022. However, oil production has witnessed a decline on account of […]
Over the past few years, the concept of continuous water supply has gained significant attention in India. The provision of 24×7 water supply is crucial for enhancing quality of life for the urban population. The […]
Over the next 10 years, the city gas distribution (CGD) segment is set to become one of the upcoming areas, where huge investments and activity are expected. Since this will be a huge task, distribution […]
The construction sector is one of the major contributors to economic growth, accounting for about 8 per cent of the country’s GDP. The sector has critical forward and backward linkages, with most of the construction […]
The mining sector has witnessed significant activity in the past few years. The production of key minerals and ores has increased since 2011-12 leading to greater self-sufficiency. While policy changes have been introduced to encourage […]
India, one of the highest energy consuming countries in the world, is expected to grapple with even higher demand levels going forward. […]
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