BackIndia's Petroleum Product Exports Poised for 25% Surge on New Refining Capacity

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India's Petroleum Product Exports Poised for 25% Surge on New Refining Capacity

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India's petroleum product exports may rise 25% by FY25, reaching $44.4 billion, driven by Indian Oil Corporation's (IOCL) expansion.
New capacity by December 2026 will boost exports, despite India importing 90% of its crude oil.

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India's petroleum product exports may rise 25% by FY25, reaching $44.4 billion, driven by Indian Oil Corporation's (IOCL) expansion. New capacity by December 2026 will boost exports, despite India importing 90% of its crude oil.

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