Pipes: the new way forward
India’s existing pipeline infrastructure falls well short of what is required to cater to the upcoming boom in demand from the oil and gas as well as the water segment.
Along with the domestic oil and gas distribution (which is expected to increase sharply from 34.1MMT to 38.3MMT and 35BCM to 72), refining capacities will be ramped up from the current 248 MMTPA to 307 MMTPA in 2022. A similar situation exists in water and sanitation segments too.
To address these issues, the government of India has taken various initiatives to boost demand for pipes.
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