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India offers various facilities to lure US entrepreneurs

India is the world's 4th largest oil importer and the demand is expected to rise, propelled by an increase in India's per capita consumption of energy which currently stands at one-third of the global average

Investors Meet on ‘Opportunities in the E&P Sector in India’ organized by Ministry of Petroleum and Natural Gas, Government of India. In his keynote address Pankaj Jain, Secretary, Petroleum Ministry highlighted the opportunities for investment in the Oil & Gas sector in India ( Picture credit: Twitter/ cgihou)

An investors' meet was held recently in Houston to attract entrepreneurs from the United States to India by offering them favourable geology, open data access, supporting policy regime and ease of doing business.

Investors Meet on ‘Opportunities in the E&P Sector in India’ organized by Ministry of Petroleum and Natural Gas, Government of India. In his keynote address Pankaj Jain, Secretary, Petroleum Ministry highlighted the opportunities for investment in the Oil & Gas sector in India ( Picture credit: Twitter/ cgihou)

While attracting potential US players to invest in India's energy and petroleum growth wave, the Government of India's lucrative fiscal policies and conducive environment of energy and petroleum (E&P) sector were showcased before them.

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