Prime Minister Narendra Modi says India will keep expanding its crude oil refining capacity to strengthen supply chain security. In comments reported by Mint and Bloomberg, Modi frames the plan against a backdrop of refinery closures in parts of the West, where several processing units have been shut down in recent years. He indicates that India’s approach is to add new refining units rather than rely solely on existing capacity, aiming to ensure steadier access to refined products for domestic demand and broader logistics needs. The reports present the statement as part of India’s ongoing energy and industrial strategy, emphasizing continuity in building refineries. Both sources attribute the same core message to Modi: India will continue investing in additional crude oil refining capacity to maintain supply reliability even as other regions reduce refining footprints. No additional figures, timelines, or specific refinery projects are provided in the excerpts summarized here.
Modi says India will continue expanding oil refining capacity
Prime Minister Narendra Modi says India will keep expanding its crude oil refining capacity to strengthen supply chain security. In comments reported by Mint and Bloomberg, Modi frames the plan agains...
- Prime Minister Narendra Modi says India will continue expanding crude oil refining capacity.
- The stated goal is to improve supply chain security.
- Modi’s remarks contrast India’s plans with refinery closures in Western countries.
- Both outlets report the same message from Modi, with similar framing about energy supply reliability.
- The reported excerpts do not specify project names, locations, or timelines.
India will continue to build new crude oil refineries in order to ensure supply chain security even as Western nations shut processing units, Prime Minister Narendra Modi said.
1 month agoIndia will continue to build new crude oil refineries in order to ensure supply chain security even as Western nations shut processing units, Prime Minister Narendra Modi said.
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