Petrol, diesel, jet fuel, and LPG sales in March 2024 grew at a slower pace compared to the full year, with petrol seeing a 5.3% rise and diesel at 0.9%. Full year growth for petrol was 7.3% and 2% for diesel. Jet fuel and LPG also showed moderated increases.
New Delhi: Sales of petrol, diesel, jet fuel and liquefied petroleum gas (LPG) grew at a slower pace in March than in the full year 2024-25, according to the provisional consumption data released by the oil ministry.
Petrol sales rose 5.3% year-on-year in March while diesel grew 0.9%. For the full year 2024-25, the sales growth was 7.3% for petrol and 2% for diesel.
Jet fuel consumption increased 5.5% and LPG grew 3% in March.
The sales growth was 8.9% for jet fuel and 5.3% for LPG for the full year.
Fuel demand has slowed in recent months, weighing on the annual average.
The demand for diesel has been slow for years as industries, vehicles and farms switch to alternative energy sources.
Petrol demand has been robust on strong bike and car sales while increased adoption of LPG by households has boosted the cooking gas demand . Live Events Jet fuel sales have remained healthy on the back of strong air traffic.
Tata Motors Passenger Vehicles is planning to invest Rs 37,500-40,000 crore over the next five years, up to FY31, as it targets a bigger production base, more models and annual sales of over 1.2 million units. ET also reported that the company wants revenue to cross Rs 6 lakh crore by FY31 with a 10 percent EBIT margin, with EVs and CNG models doing much of the heavy lifting. For buyers, the story is less about balance-sheet ambition and more about what kind of cars Tata wants to sell next.
Union Petroleum Minister Hardeep Singh Puri says petrol and diesel rates in India may ease once recently bought cheaper crude reaches refiners, after global oil prices cooled and Brent slipped below $80 a barrel. The signal matters because India imports most of its crude, so any sustained fall can filter through to motorists, freight users and inflation. But the relief is unlikely to be immediate, because fuel prices depend on inventory cycles, logistics and how quickly oil companies pass on lower input costs.
Union Petroleum Minister Hardeep Singh Puri says petrol and diesel rates in India may ease once recently bought cheaper crude reaches refiners, after global oil prices cooled and Brent slipped below $80 a barrel. The signal matters because India imports most of its crude, so any sustained fall can filter through to motorists, freight users and inflation. But the relief is unlikely to be immediate, because fuel prices depend on inventory cycles, logistics and how quickly oil companies pass on lower input costs.
Toyota has started deliveries of the Urban Cruiser Ebella electric SUV in India, turning the model from launch headline into a real-world ownership story. The top-spec E3 is priced at Rs 23.60 lakh ex-showroom, while Toyota is also offering a Battery-as-a-Service route that lowers the entry price to Rs 15.25 lakh and charges Rs 4.99 per km for battery use. For EV buyers, this is the point where Toyota’s first mass-market electric SUV begins proving itself on the road.
