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The Economic Times
The Economic Times

From Hormuz shock to energy security: How Reliance kept India's fuel lifeline intact

Reliance Industries on Friday called for reducing India's dependence on imported energy, with Executive Director Anant Ambani saying the company redirected domestic natural gas supplies to priority sectors and ramped up LPG availability when the West Asia conflict disrupted LNG imports and rattled global energy markets.

"India remains dependent on external energy sources for over 70% of our needs. This is not only costly, but it also makes India vulnerable to geopolitical instability. We consider it our duty to ensure India’s future is never held hostage by energy insecurity," he said at the 49th AGM of the conglomerate.

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