India's oil and gas sector is transitioning, with natural gas becoming a key energy source. Policy reforms, infrastructure growth, and affordability are boosting the sector's outlook. Despite near-term volatility from global prices, domestic growth is driven by a strategic push for cleaner fuels and expanded gas infrastructure, particularly the city gas distribution network. This expansion covers urban and industrial areas, enhancing capital efficiency and attracting private investment, leading to broader demand drivers like increased CNG adoption.