What risks and challenges could India face if the Andaman oil reserves are viable, and can this truly help us reach a $20 trillion economy?

What challenges and economic risks should India be prepared for if the Andaman crude reserves—estimated by Oil Minister Hardeep Puri at around 184,440 crore litres—prove commercially viable, and how might this discovery realistically impact India’s goal of becoming a $20 trillion economy?
Any one with knowledge on this field please guide on these details .

  1. Technical and financial hurdles: deep-sea drilling costs, ONGC’s historic capital outlay, replicating Guyana’s well‑drilling success .
  2. Economic ripple effects: reductions in oil import dependency, budget implications, and infrastructure demands .
  3. Macroeconomic outcomes: whether even a large discovery could materially shift India from $3.7 trillion to $20 trillion, and what timeline and reforms would be needed .
  4. which companies are likely to benefit if this discovery helps push India toward a $20 trillion economy?
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Even if the Andaman reserves turn out to be huge, drilling that deep isn’t easy or cheap. We’ve seen how long KG basin took, and that’s still underwhelming. Oil might cut the import bill a bit, but hitting $20T needs more than crude, it needs solid reforms and broad-based growth.