Viksit Bharat: LNG can be part of that

If there’s one thing I’ve learned in India, it’s that you must be the change you want to see in the world.

As India progresses its vision of becoming a developed nation (Viksit Bharat) by 2047, we’re playing our part in helping the nation advance its energy goals.

Natural gas has a key role in making this vision a reality.

Natural gas – and liquefied natural gas (LNG) – is a natural fit for India’s industry as it looks to decarbonize, and for the heavy transport sector as it seeks out alternative fuels that have the dual benefit of affordability and reduced emissions.

So how are these fuels making an impact?

On the move

India’s plans to decarbonize its transportation sector, which makes up 13.5% of the country’s total emissions, includes using LNG for heavy commercial purposes.

Replacing diesel with LNG is a huge opportunity for India, with a potential emission reduction rate of 24%.

And when it comes to making the switch for fueling vehicles, India has done it before. The growth of compressed natural gas (CNG) is a great example of a market and government successfully paving the path for fuel switching.

India seeks to convert a third of its heavy-duty vehicle-hauling fleet to LNG in the next five to seven years. Multiple commercial-vehicle manufacturers are planning to deploy thousands of LNG-powered trucks and help build the refueling infrastructure needed to keep them on the road.

That’s a huge market and opportunity shaping up to reduce emissions — powered by LNG. Accelerating LNG infrastructure development and strengthening policy support can significantly expand LNG’s role in the industrial and transportation sectors.

India has the opportunity to continue fueling its growth with more affordable energy while driving down emissions with LNG. At ExxonMobil, we are ready to help the country march forward in this direction and play our part in realizing the vision of a Viksit Bharat.

Sources:

• GSI Report.pdf
• https://www.pngrb.gov.in/pdf/press-note/20250407_NG_Projections2030_40.pdf
• Executive summary – India Gas Market Report – Analysis - IEA; Page 16, Natural Gas Projections – 2030 Base Case
• Page 16, https://www.pngrb.gov.in/pdf/press-note/20250407_NG_Projections2030_40.pdf
• https://www.etvbharat.com/en/!bharat/lng-india-long-haul-fleet-pngrb-truck-fleet-transport-natural-gas-demand-enn25061304626
• Page 69, LNG in M&HCV segment_07022024_updated_0.pdf
• GreenLine Mobility raises $275 million equity to invest in green logistics - The Hindu