INDIA MAY BE ENERGY-HUNGRY,BUT ITS HIGH-RISING IMPORTS BRING SMILES ALL ROUND

摘要

The Associated Chambers of Commerce and Industry of India(ASSOCHAM)has highlighted the dependency of energy-hungry Indian companies on oil imports from Gulf Cooperation Council(GCC)states.In a recent white paper,ASSOCHAM said that India imports oil and petroleum products worth 27.5bn(euro21.7bn)every year.