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Increase in Consumption of Petrol/Diesel

Capital Market 

Consumption and percentage of growth of petrol and diesel during the last three years is given below:

(Million Metric Tonne) Product 2013-14 2014-15 2015-16Petrol 17.1 19.1 21.8Growth in % (with respect to last year) 8.8% 11.4% 14.5%Diesel 68.4 69.4 74.6Growth in % (with respect to last year) -1.0% 1.5% 7.5%

Increase in consumption of petrol and diesel during the last few years is mainly due to increase in number of passenger vehicles and two-wheelers, increased commuting distances due to expanding urban areas, increased travel time due to congestion on urban roads, improved and growing highways, increased disposable incomes, enhanced economic activity and fall in prices.

Details of production and import of petrol and diesel during the last three years are given below :

(Million Metric Tonne)

Product Production/ Import 2013-14 2014-15 2015-16Petrol Production 30.3 32.2 35.3Import 0.2 0.4 1.0Diesel Production 93.8 94.3 98.6Import 0.1 0.1 0.2

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 30 2016. 17:32 IST