Bigger India
BP plans to invest $2 billion in India upstream ventures over next few years
Over the next decade, 10% of BP’s global earnings will come from India as the firm bets on the country’s growing energy demand, says Sashi Mukundan.
BP India plans to invest more than $2 billion in its upstream ventures in the Indian market over the next few years, said Sashi Mukundan, BP Group’s regional president and head of India.
Over the next decade, Mukundan said, he expects 10% of BP’s global earnings to come from India as the British oil and gas firm bets on the country’s growing energy demand and plans to invest in cutting-edge renewable and alternate energy technologies.