Boosted by agriculture demand, petrol, diesel sales see double-digit growth

Rabi crop sowing led to a pick-up in economic activity and a rise in demand

Petrol and diesel sales in India saw a double-digit year-on-year growth in November as increased demand from the agriculture sector helped build on the momentum generated by the festive season, preliminary industry data showed on Thursday.

Petrol sales soared 11.7 per cent to 2.66 million tonnes in November, as compared to 2.38 million tonnes of consumption in the same month last year.

Sales were 10.7 per cent higher than in Covid-marred November 2020 and 16.2 per cent more than in pre-pandemic November 2019.

Month-on-month, the demand was up 1.3 per cent on the high-base festive season created in October.

Diesel, the most used fuel