India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz supplies
By
, ET Bureau
Synopsis
India is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output levels. Imports through the Strait of Hormuz are now less reliable due to renewed attacks. Domestic consumption has also significantly decreased since the war began. This shift helps meet demand while mitigating import risks.
