India targets $100 bn oil and gas investments by decade-end: Modi

• Posted in OilGas
• on January 28, 2026
• No Comments.

India aims to raise investments in the oil and gas sector to $100 billion by the end of the decade, Prime Minister Narendra Modi said, adding that the country is now seeking energy independence.

India is now moving beyond energy security and working towards the mission of energy independence,” Modi told a gathering of industry executives, investors and policymakers at India Energy Week on Tuesday. “India is developing an energy-sector ecosystem that can meet its domestic demand, while also enabling globally competitive exports through affordable refining and transportation solutions.”

India’s energy sector lies at the centre of the nation’s aspirations, offering investment opportunities worth $500 billion, Modi said, pitching to global investors.
Today’s India is riding the reforms express and undertaking rapid reforms across every sector,” Modi said, highlighting several changes in the exploration sector, including freeing up more areas that were earlier barred from exploration. Several suggestions received during previous editions of India Energy Week have been incorporated into amendments to Acts and Rules, he added.

Share This