"India's energy security will increasingly be defined by independence, efficiency and resilience as the nation builds a modern, future-ready energy ecosystem to power Viksit Bharat 2047," says a CII-EY report launched at the 7th International Energy Conference and Exhibition in New Delhi. Titled “India's Energy Security in a Volatile World: Independence, Efficiency and Resilience,” the report notes that India is entering a defining phase of its development journey, with its energy system evolving into one of the world's largest, most dynamic and fastest-transforming energy ecosystems. Today, India is the world's third-largest energy consumer and third-largest crude oil importer, reflecting both the scale of its economic ambitions and its growing role in shaping the global energy landscape.
The report identifies emerging opportunities across advanced manufacturing, critical minerals, clean energy technologies and circular economy solutions. It notes that continued investments in domestic capabilities, innovation, recycling and strategic partnerships can strengthen India's position in global clean energy value chains while supporting long-term economic resilience and technological leadership.
The report concludes that India's energy transition is not merely a shift from one source of energy to another but the creation of a modern, resilient and future-ready energy ecosystem. By combining renewable energy, nuclear power, modern electricity grids, digital intelligence, energy efficiency and strong domestic capabilities, India is building the foundations of an energy system capable of powering sustained growth, enhancing competitiveness and supporting the aspirations of a developed nation. As India moves towards Viksit Bharat 2047, energy security will increasingly be defined by the country's ability to combine independence, efficiency and resilience.