India Remains Dependent on Imports for 90% of Oil Demand

Despite a decline in dependence on primary energy imports, India remains highly dependent, at a massive 90%, on crude oil imports for its consumption, a new industry report has shown.

India’s dependence on primary energy imports fell to 42% in the financial year 2025 from 47% in FY 2017, according to a joint report by the Confederation of Indian Industry (CII) and EY.