Nayara Energy’s Vadinar refinery
India’s diesel love affair continues
Demand for the fuel is poised for further growth, but government regulation and changing habits could eventually undermine its primacy
Diesel is the most popular fuel in India by a wide margin and accounts for nearly 40% of the country’s overall refined fuel consumption. Overall, India’s expanding fuel consumption continues to demonstrate the country’s rapid economic growth. In the 2022–23 financial year, India consumed 222.30mt of petroleum products, an increase of 10.2% over the previous year, according to data from the government’s Petroleum Planning & Analysis Cell (PPAC). Diesel consumption in the country stood at 85.90mt during the year, while gasoline consumption was 34.98mt. Consumption reached 44mt during the first half of the 2023–24 financial year (April 2023 to September 2023), c, a 6.3% year-on-year increas
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
