PM Modi's 80th Independence Day speech flagged the weaponisation of global resources and sea routes as a key threat to India's economic security. He announced the ₹84,084 crore Samudra Manthan scheme to boost domestic oil and gas exploration, aiming to reduce India's 90% import dependence on crude oil.
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- ›Samudra Manthan Scheme Outlay: ₹84,084 crore
- ›Crude Oil Import Dependence: ~90%
- ›Target this Data: Samudra Manthan National Offshore Exploration Scheme outlay: ₹84,084 crore
- ›Target this Data: India's crude oil import dependence: ~90%; LNG import dependence: ~50%
- ›Target this Data: Strait of Hormuz handled ~20 million barrels/day of oil in 2025 (25% of global seaborne oil)
- ›Target this Data: Solar generation capacity: 160 GW (2026) vs 2 GW (2016)
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