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Petrol demand set to increase 6.6% in FY26
The New Indian Express Kozhikode
|January 17, 2025
DOMESTIC demand for petroleum products is projected to hit a record 252.9 million tonnes in FY26, a 4.65% increase from the 241.8 million tonnes expected for FY25, as per the Petroleum Planning and Analysis Cell (PPAC).
The growth in demand is primarily driven by key transport fuels—petrol and diesel. Petrol consumption is expected to rise 6.64% to 42.6 million tonnes (MT), up from 39.98 MT in FY25. Diesel demand is forecasted to grow by 2.77%, reaching 94.12 MT as against 91.57 MT in the current fiscal. This will mark the third consecutive year of record-high petroleum product consumption in India.
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