India’s Energy Security: Balancing Growth and Sustainability

India, the fastest-growing large economy, is advancing its energy transition to achieve net zero by 2070 and meet 50% of electricity needs from non-fossil sources by 2030. Today, India’s oil imports are intrinsically linked to geopolitics; around 60% of India’s oil comes from the Middle East, which means any upheaval in that region is a major cause for concern. At the same time, India also recognizes the dual challenge and opportunity posed by rising global temperatures and climate risks, making significant strides in new energy sectors to foster sustainable development.