Oil & Gas
“Stainless steel offers a wide range of alloys and characteristics to provide benefits to the vast range of processes used in modern oil and gas industry. Applications of stainless steel in oil and gas industries play a big role and introduce many ventures together.”
The oil and gas sector is among the eight core industries in India and plays a major role in influencing decision making for all the other important sections of the economy.
India’s economic growth is closely related to its energy demand, therefore, the need for oil and gas is projected to grow more, thereby making the sector quite conducive for investment. India retained its spot as the third-largest consumer of oil in the world as of 2021.