India's growing energy is an attractive destination for foreign investors.
The Minister of Petroleum and Natural Gas & Steel – Mr. Dharmendra Pradhan has said that India’s growing energy sector is attractive for foreign investors.
Speaking at the Bloomberg NEF New Delhi Summit, he said that India remains a bright spot in the global economy. With strong domestic economic and supportive policy environment, the Government is committed towards achieving holistic, inclusive and sustainable economic development. India will become a 3 trillion dollar economy this year and aims to achieve a 5 trillion dollar target in the near future. To achieve this, India needs secure, affordable and sustainable energy to sustain the high growth and provide energy access to 1.3 billion people.