‘India will come out as winners’: Hardeep Puri on the future of profession battle

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, shared self-confidence that India would certainly arise successful in the recurring toll battle, emphasizing the strength of the nation’s financial techniques. Speaking at the News18 Rising Bharat Summit 2025, Puri dealt with worries regarding the effect people tolls and stressed India’s capacity to adjust and prosper in tough conditions.

Responding to inquiries regarding India’s power imports and profession relationships with the United States, Puri highlighted India’s durable power technique. “Yes, they [the US] have oil. They are the world’s largest producer, producing 13 million barrels a day and now increasing by another 1.6 million barrels. But the issue is not whether they have oil but whether they sell it to us. We’ve been buying $15 to $20 billion worth of energy from them annually,” he stated.

When inquired about India’s capacity to counter the impacts of tolls via raised power imports, Puri disregarded extreme issue over tolls. “Why are you so mesmerised by this tariff? Every country is free to determine its own economic policy, but we are part of a multilateral system. Tariffs apply to goods crossing borders, but 40 per cent of our exports are services, which are not covered by tariffs,” he discussed.

Puri additionally shared positive outlook regarding wrapping up a very early profession arrangement with the United States, mentioning conversations in between External Affairs Minister S Jaishankar and United States Secretary ofState Rubio “We are on track,” he verified.

Addressing more comprehensive worries regarding possible damaging impacts on India, Puri stressed the relevance of strength and possibility in getting rid of difficulties. “Every challenge presents an opportunity. Prime Minister Narendra Modi has a unique ability to navigate this, and his team is second to none. We will come out winners in this,” he proclaimed with confidence.

Puri’s comments mirror India’s critical technique to browsing international profession characteristics while keeping its concentrate on financial development and power safety and security.