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India
Country Analysis Briefs
Background
India boasts a growing economy, and is increasingly a significant consumer of oil and natural gas.
The Indian economy continues to show impressive economic growth. The country’s real gross domestic product (GDP) grew at an impressive rate of 9.1 percent during the first half of fiscal 2006 (April – September 2006), after growing by 8.7 percent in fiscal 2005. Together with the country’s impressive growth, India has also become a significant consumer of energy resources. According to EIA estimates, India was the fifth largest consumer of oil in the world during 2006.

Country Analysis Briefs

January 2007
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