India shaping up as refining hub, to rely on fossil fuels until 2040, oil minister says

India, the third largest oil importer, plans to expand its refining capacity by 81% to become a global refining hub. Despite global shifts towards cleaner energy, India's reliance on fossil fuels is projected to continue until at least 2040, with existing refineries slated for expansion to meet growing domestic demand and serve as regional suppliers.
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