Indian PM Modi says steps are being taken to cut India's dependence on others for energy
Newsquawk Staff ·
Indian PM Modi says steps are being taken to cut India's dependence on others for energy.
What it means
PM Modi's statement signals a strategic shift in India's energy policy, which may lead to increased investment in domestic energy sources and renewables. This could reduce reliance on imports and impact global energy markets, particularly for crude oil and gas, as well as shift investor sentiment towards Indian energy firms.
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