India to Keep Building Oil Refineries Despite Western Closures, Modi Says

India will continue building new crude oil refineries to protect its energy supply chain, Prime Minister Narendra Modi announced. This decision comes as several Western nations are shutting down their own processing units. Modi emphasized the need for supply chain security, ensuring India can meet its growing energy demand. The move highlights India’s strategy to maintain independence in fuel production, even as global trends shift away from traditional refining. The announcement signals a clear commitment to expanding domestic capacity, reinforcing India’s role as a major player in the global oil market.