India's fuel consumption surges 8.2% YoY in January

12 Feb 2024 CW Team

In January, India experienced an 8.2% year-on-year increase in fuel consumption, according to government data released. This surge was attributed to robust industrial activity in the country, which is the world's third-largest oil consumer. The Petroleum Planning and Analysis Cell (PPAC) of the oil ministry reported that total consumption, serving as a proxy for oil demand, reached 20.04 million tonnes in January, up from 18.51 million tonnes the previous year.

Despite this annual growth, there was a marginal 0.1% decline in consumption on a month-on-month basis, following a peak in December at 20.05 million tonnes. Diesel sales, primarily utilised by trucks and commercially-run passenger vehicles, increased by 3.5% year-on-year to 7.43 million tons in January. The manufacturing industry in India demonstrated significant improvement at the beginning of 2024, with factory activity expanding at its fastest rate in four months during January. This expansion was attributed to robust demand and a positive outlook for the year ahead, as revealed by a private survey.

Gasoline sales in January saw a 9.6% year-on-year rise to 3.10 million tons. Indian carmakers reported record sales for the month, aiming to build up inventory for new and refreshed models throughout the calendar year, according to wholesale data from the companies. Sales of bitumen, used in road construction, increased by 11.6% compared to the previous January, while fuel oil usage decreased by 4.7% year-on-year. Additionally, cooking gas (liquefied petroleum gas) sales rose by 7.6% to 2.70 million tons, and naphtha sales surged by 15.2% to around 1.30 million tons compared to the same period last year, according to the provided data.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..