New Delhi, June 20 -- According to a recent report by the PHD Chamber of Commerce and Industry (PHDCCI), India's petroleum product demand is forecast to increase by a CAGR of 5.37 per cent between 2025 and 2030, largely propelled by the manufacturing and transportation sectors.

Diesel, petrol, Aviation Turbine Fuel (ATF), and petroleum coke are expected to lead this surge.

India's economy is projected to grow at over 6 per cent annually, with primary energy demand increasing at a compound annual growth rate (CAGR) of 5.4 per cent. This robust economic expansion will inevitably fuel higher energy consumption.

Additionally, Natural gas consumption is also projected to see substantial growth, with a nearly 60per cent increase (37 bcm/year...