Driving Growth: An In-depth Analysis of Industrial Policies Shaping the Indian Petroleum Industry

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Driving Growth: An In-depth Analysis of Industrial Policies Shaping the Indian Petroleum Industry

V.V.Srimannarayana, Assistant Professor, Aditya University, Surampalem, India, srimannarayana.vv@adityauniversity.in

Karri Srinivasu, Assistant Professor, Aditya University, Surampalem, India, karrisrinivas@adityauniversity.in

Bantu Tirupati Rao, Associate professor Professor, Aditya University, Surampalem, India, kruthik2604@gmail.com

Dr.T.Anilkumar, Senior Assistant Professor, Aditya University, Surampalem, India,  anilkumar.t@adityauniversity.in

Abstract:

This article provides a detailed examination of industrial policies influencing the Indian petroleum sector's growth. It explores regulatory frameworks, liberalization efforts, and incentives for domestic exploration, refining, and retail sectors. Environmental regulations and future outlook considerations are also discussed. Overall, it highlights the complex interplay between policies and industry dynamics in shaping India's petroleum landscape.

Keywords: Indian Petroleum Industry, Industrial Policies, Growth ,Analysis , Regulatory Framework

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