{"id":1312519,"date":"2026-08-04T08:58:36","date_gmt":"2026-08-04T03:28:36","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1312519"},"modified":"2026-08-04T09:02:50","modified_gmt":"2026-08-04T03:32:50","slug":"indias-samudra-manthan-mission-will-save-rs-1-lakh-crore-in-energy-imports","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/indias-samudra-manthan-mission-will-save-rs-1-lakh-crore-in-energy-imports\/","title":{"rendered":"India&#8217;s Samudra Manthan Mission Will Save Rs 1 Lakh Crore In Energy Imports"},"content":{"rendered":"\n<p>The Union Government has approved the <strong>Samudra Manthan \u2013 National Offshore Exploration Mission<\/strong>, a landmark initiative aimed at boosting domestic oil and gas production and reducing India&#8217;s dependence on imported energy.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-1024x606.png\" alt=\"India's Samudra Manthan Mission Will Save Rs 1 Lakh Crore In Energy Imports\" class=\"wp-image-1312531\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-1024x606.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-300x178.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-768x455.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-1536x910.png 1536w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-2048x1213.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>According to Petroleum and Natural Gas Minister Hardeep Singh Puri, the mission has the potential to help India save <strong>around \u20b91 lakh crore annually<\/strong> by increasing indigenous energy production and cutting import bills. The scheme has been approved with a total outlay of <strong>\u20b984,084 crore<\/strong> and is expected to transform offshore hydrocarbon exploration over the next five years. <\/p>\n\n\n\n<p><strong>\u20b984,084 Crore Investment To Unlock Offshore Reserves<\/strong><\/p>\n\n\n\n<p>The Samudra Manthan scheme focuses on accelerating exploration in India&#8217;s offshore sedimentary basins, particularly <strong>deepwater and ultra-deepwater<\/strong> regions that remain largely unexplored.<\/p>\n\n\n\n<p>The programme will fund extensive seismic surveys, exploratory drilling, and the creation of common offshore infrastructure to attract greater participation from both domestic and international energy companies. By reducing exploration risks and improving geological data, the government aims to increase discoveries of oil and natural gas within Indian waters.<\/p>\n\n\n\n<p><strong>Reducing Import Dependence A Key Objective<\/strong><\/p>\n\n\n\n<p>India currently imports a significant portion of its crude oil and natural gas requirements, making the economy vulnerable to global price fluctuations and geopolitical uncertainties.<\/p>\n\n\n\n<p>The government believes that increasing domestic production through Samudra Manthan will strengthen India&#8217;s energy security, reduce foreign exchange outflows, and provide long-term economic benefits. The projected annual savings of <strong>\u20b91 lakh crore<\/strong> could also improve the country&#8217;s trade balance while reducing exposure to volatile international energy markets.<\/p>\n\n\n\n<p><strong>Supporting Energy Security And Economic Growth<\/strong><\/p>\n\n\n\n<p>Beyond lowering imports, the mission is expected to generate fresh investments in exploration and production, encourage the adoption of advanced offshore technologies, and create employment opportunities across the energy sector.<\/p>\n\n\n\n<p>Officials believe the initiative will strengthen India&#8217;s long-term energy resilience while supporting the country&#8217;s growing demand for oil and natural gas as economic activity expands.<\/p>\n\n\n\n<p><strong>A Strategic Step Towards Energy Self-Reliance<\/strong><\/p>\n\n\n\n<p>The government sees Samudra Manthan as a crucial pillar of India&#8217;s strategy to achieve greater energy self-reliance. By unlocking offshore hydrocarbon resources and expanding domestic production, the initiative aims to reduce dependence on imports while ensuring a more stable and secure energy future.<\/p>\n\n\n\n<p>Summary<\/p>\n\n\n\n<p>The Union Government has approved the \u20b984,084 crore Samudra Manthan \u2013 National Offshore Exploration Mission to boost domestic oil and gas production. Petroleum Minister Hardeep Singh Puri said the initiative could help India save around \u20b91 lakh crore every year by reducing energy imports. The scheme will focus on deepwater exploration, seismic surveys, exploratory drilling, and offshore infrastructure to strengthen India&#8217;s long-term energy security.<\/p>\n\n\n\n<p><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/samudra-manthan-cabinet-approves-rs-84084-cr-scheme-for-oil-gas-exploration-top-things-to-know\/articleshow\/132765198.cms\">Image Source<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Government has approved the Samudra Manthan \u2013 National Offshore Exploration Mission, a landmark initiative aimed at boosting domestic oil and gas production and reducing India&#8217;s dependence on imported energy. According to Petroleum and Natural Gas Minister Hardeep Singh Puri, the mission has the potential to help India save around \u20b91 lakh crore annually [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1312531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[10355,10354],"class_list":["post-1312519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-manthan","tag-samudra"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India&#039;s Samudra Manthan Mission Will Save Rs 1 Lakh Crore In Energy Imports - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/indias-samudra-manthan-mission-will-save-rs-1-lakh-crore-in-energy-imports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India&#039;s Samudra Manthan Mission Will Save Rs 1 Lakh Crore In Energy Imports - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The Union Government has approved the Samudra Manthan \u2013 National Offshore Exploration Mission, a landmark initiative aimed at boosting domestic oil and gas production and reducing India&#8217;s dependence on imported energy. According to Petroleum and Natural Gas Minister Hardeep Singh Puri, the mission has the potential to help India save around \u20b91 lakh crore annually [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/indias-samudra-manthan-mission-will-save-rs-1-lakh-crore-in-energy-imports\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-04T03:28:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-04T03:32:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-04-at-8.57.36-AM-1024x606.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"606\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/indias-samudra-manthan-mission-will-save-rs-1-lakh-crore-in-energy-imports\/\",\"url\":\"https:\/\/trak.in\/stories\/indias-samudra-manthan-mission-will-save-rs-1-lakh-crore-in-energy-imports\/\",\"name\":\"India's Samudra Manthan Mission Will Save Rs 1 Lakh Crore In Energy Imports - Trak.in - Indian Business of Tech, Mobile &amp; 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