HS 2709Minerals & fuelsNot a startup opportunity

Crude oil

Official description: Petroleum oils and oils obtained from bituminous minerals, crude

India imported ₹11.9 lakh cr of crude oil in FY26, growing about 22% a year over five years. Every rupee of that is a market an Indian maker could win. Below: the market, who supplies it today, and how to start, with investment, licences, documents, schemes and contacts.

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