Minister Hardeep Singh Puri Highlights Indo-Japanese Energy Opportunities at Tokyo Industry Meet

Ministry of Petroleum & Natural Gas Minister Hardeep Singh Puri Highlights Indo-Japanese Energy Opportunities at Tokyo Industry Meet 17 NOV 2025 4:38PM by PIB Delhi Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, participated today in a Roundtable with leading Japanese industry representatives in Tokyo, focusing on opportunities for Indo-Japanese collaboration across the entire energy value chain. The discussions centred on how India and Japan—two major economies of the Indo-Pacific—can work together to build secure, sustainable, and future-ready energy systems. Minister Puri highlighted that India’s massive scale, rising energy demand, and unprecedented infrastructure expansion under the leadership of Prime Minister Narendra Modi, combined with Japan’s technological excellence, create a natural partnership for the region’s long-term energy stability. In the discussions, the Minister noted that during Prime Minister Modi’s visit to Japan in August this year, both countries adopted the India-Japan Joint Vision for the Next Decade. Building on the significant progress made towards the 2022–2026 target of JPY 5 trillion in public and private investment from Japan to India, an ambitious new goal of JPY 10 trillion (~USD 68 billion) in private investment has been set for the near future. This milestone underscores the growing strategic alignment between the two nations, particularly in clean energy and emerging technologies, and reflects the Prime Minister’s commitment to translating this partnership into practical and transformative outcomes. Minister Puri emphasised that India is opening up over USD 500 billion in investment opportunities across exploration and production, LNG, city gas distribution, hydrogen, shipping, and new fuels. India, with its large and young workforce, strong reform-driven business environment, and the spirit of Make in India for the World, offers immense potential for Japanese investors. Japan, in turn, brings cutting-edge technology, advanced industrial systems, expertise in high-quality infrastructure, and global leadership in green and environmental technologies—making the partnership inherently complementary. He underlined that India’s policy landscape has been transformed through 100% FDI in energy sectors, transparent bidding, and year-round exploration licensing, creating a predictable and investor-friendly environment. The Minister noted that India’s six major oil and gas PSUs recorded revenues of about USD 315 billion in FY 2024–25, representing nearly 8% of India’s GDP. Such scale, he said, positions India as a global anchor in the energy sector and a reliable long-term partner for Japanese companies. The Minister highlighted that India today is the world’s third-largest oil consumer and will account for nearly 30% of incremental global energy demand over the next two decades. He noted India’s expanding natural gas infrastructure—which includes an investment outlay of approximately USD 72 billion—as a major area of synergy with Japan’s technological strength, especially in integrating gas with future energy solutions such as hydrogen. Shri Puri recalled the long-standing trust between the two countries, citing the example of the Maruti-Suzuki partnership, which reshaped India’s industrial landscape. He said that today, India and Japan stand at a similar inflection point in the energy sector—one where they can build world-class capabilities, co-create resilient supply chains, develop skilled human capital, and jointly strengthen the energy security of the Indo-Pacific. The Minister concluded by inviting Japanese industry to actively participate in India’s evolving energy opportunities, assuring them that the Government of India stands ready to facilitate and support deeper collaboration across the value chain. (Release ID: 2190834) Visitor Counter : 220 Read this release in: Ministry of Petroleum & Natural Gas Minister Hardeep Singh Puri Highlights Indo-Japanese Energy Opportunities at Tokyo Industry Meet 17 NOV 2025 4:38PM by PIB Delhi Shri Hardeep Singh Puri, Minister of Petroleum and Natural Gas, participated today in a Roundtable with leading Japanese industry representatives in Tokyo, focusing on opportunities for Indo-Japanese collaboration across the entire energy value chain. The discussions centred on how India and Japan—two major economies of the Indo-Pacific—can work together to build secure, sustainable, and future-ready energy systems. Minister Puri highlighted that India’s massive scale, rising energy demand, and unprecedented infrastructure expansion under the leadership of Prime Minister Narendra Modi, combined with Japan’s technological excellence, create a natural partnership for the region’s long-term energy stability. In the discussions, the Minister noted that during Prime Minister Modi’s visit to Japan in August this year, both countries adopted the India-Japan Joint Vision for the Next Decade. Building on the significant progress made towards the 2022–2026 target of JPY 5 trillion in public and private investment from Japan to India, an ambitious new goal of JPY 10 trillion (~USD 68 billion) in private investment has been set for the near future. This milestone underscores the growing strategic alignment between the two nations, particularly in clean energy and emerging technologies, and reflects the Prime Minister’s commitment to translating this partnership into practical and transformative outcomes. Minister Puri emphasised that India is opening up over USD 500 billion in investment opportunities across exploration and production, LNG, city gas distribution, hydrogen, shipping, and new fuels. India, with its large and young workforce, strong reform-driven business environment, and the spirit of Make in India for the World, offers immense potential for Japanese investors. Japan, in turn, brings cutting-edge technology, advanced industrial systems, expertise in high-quality infrastructure, and global leadership in green and environmental technologies—making the partnership inherently complementary. He underlined that India’s policy landscape has been transformed through 100% FDI in energy sectors, transparent bidding, and year-round exploration licensing, creating a predictable and investor-friendly environment. The Minister noted that India’s six major oil and gas PSUs recorded revenues of about USD 315 billion in FY 2024–25, representing nearly 8% of India’s GDP. Such scale, he said, positions India as a global anchor in the energy sector and a reliable long-term partner for Japanese companies. The Minister highlighted that India today is the world’s third-largest oil consumer and will account for nearly 30% of incremental global energy demand over the next two decades. He noted India’s expanding natural gas infrastructure—which includes an investment outlay of approximately USD 72 billion—as a major area of synergy with Japan’s technological strength, especially in integrating gas with future energy solutions such as hydrogen. Shri Puri recalled the long-standing trust between the two countries, citing the example of the Maruti-Suzuki partnership, which reshaped India’s industrial landscape. He said that today, India and Japan stand at a similar inflection point in the energy sector—one where they can build world-class capabilities, co-create resilient supply chains, develop skilled human capital, and jointly strengthen the energy security of the Indo-Pacific. The Minister concluded by inviting Japanese industry to actively participate in India’s evolving energy opportunities, assuring them that the Government of India stands ready to facilitate and support deeper collaboration across the value chain. (Release ID: 2190834)