Anil Agarwal Calls for Policy Reforms to Boost India's Domestic Energy Production

Vedanta chairman Anil Agarwal highlighted at the India Today Conclave 2026 that India relies heavily on imports for over 90% of its oil and 95% of its copper demand despite possessing significant domestic reserves. He suggested that some foreign energy suppliers prefer India to remain dependent on imports. Agarwal emphasized the need for policy reforms, faster approvals, and encouraging private investment to boost domestic oil, gas, and mineral production, which could enhance self-reliance and economic growth.