Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan today participated in the USISPF- 3rd Annual Leadership Summit on the theme of “Navigating New Challenges.”
Minister Pradhan talked about the unprecedented impact of the Covid-19 pandemic on the global economy and the consequent energy demand contraction. He added that with the gradual pick up of economic activity in India, energy consumption is anticipated to reach pre-Covid levels soon.
Speaking about Aatmanirbhar Bharat campaign, Shri Pradhan said the campaign launched under the leadership of Prime Minister Modi calls for a self-reliant India, seeking to convert Covid-19 challenges into an opportunity, to merge domestic production and consumption with global supply chains, and aims to transform India into a global manufacturing hub of the 21st century.
The Minister underlined the importance of energy infrastructure as a key to transformation in India and invited US industry leaders to take advantage of the opportunities being created in the Indian energy sector.