According to Hardeep Singh Puri, India’s economy would reach $10 trillion by 2030.

According to Union Minister Hardeep Singh Puri, India already reached 10% biofuel blending by May 2022 and is on track to reach 20% in a year or two.

According to Hardeep Singh Puri, the Union Minister for Petroleum and Natural Gas, India will have a 10 trillion dollar GDP by 2030 and would be the third largest economy in the world by 2047.

In his speech to the 25th Energy Technology Meet, Puri stated that India is devoted to the idea of net zero and is committed to making the switch from the world of hydrocarbons to one where green and sustainable energy will be determining our energy needs. This is true despite the particular difficulties presented by the current global environment..

The minister for the union cabinet also emphasized India’s advancements in ensuring the country’s population have access to energy security and described government efforts to improve the sustainability and environmental friendliness of the nation’s energy mix. By 2024–2025, India’s Prime Minister Narendra Modi wanted it to be a $5 trillion economy and a worldwide superpower.

“India has fared extraordinarily well in the wake of the global crisis on three fronts: energy, food, and fuel.” With some degree of confidence, the nation managed to negotiate its way out of the crises brought on by global headwinds, ensuring energy availability and affordability. The nation’s per capita energy usage is currently one-third of the global average and will eventually surpass it. There is an increasing need to modify the energy mix because India is on track to have a 10 trillion dollar GDP in 2030 and to be the third largest economy in the world by 2047, according to him.

Puri noted the development in the Energy sector and asserted that modernisation and digitization are now required rather than optional.

“India had already surpassed 10% biofuel blending by May 2022 and is on track to do so in one to two years. Whenever attention is raised to any area where there is potential for a more supportive environment, the government has promised that the necessary actions will be made. The government’s approach has always been positive and supportive “He said.

Rameswar Teli, the Union Minister of State for Petroleum and Natural Gas, also addressed the attendees and shared the Indian Government’s commitment to increasing natural gas’s position in the nation’s energy mix from its present level of little over 6% to 15% by 2030.

The government, led by Prime Minister Narendra Modi, has committed to build 18,000 compressed natural gas (CNG) stations across the nation by 2030, he continued.