It seems that India is on demand to increase its fuel capacity in 2016 around 16.64 million tonnes. It has already been witnessed by many the expertise that India witnessed the consumption of fuel in various commodities at high price identity which make it an over average a country in the year. The Year analyses now showed by various agencies that also, include PPCA suggests that India has a deficit of increase in fuel demand between November 2015 to November 2016 which has finally reached to it's high above scale percentage around 12.1% which is serious denotation in the denomination of consumption of fuel in it's virtual assistive facts.
The other agencies which include Global Oil and Fuel Consumption Agency has supported the view by gathering the momentum of facts around 3.7% in the average fuel consumption in the cultural expenditure of India as well as 4.9% expenditure in the daily use of the Indian as far the increase is concerned. In such way, there is no doubt that India does witness certain rise in Fuel Demand for the increased capacity in numbers as well as impact which does tend to justify that India's demand for fuel is not going to end even in 2016 seems to be in its final stage.
However the facts can be misleading at the certain juncture of the point, But they can't deny the information as input sustenance of fuel commodity of India that it is on a breaking point where it shall have a certain boost increase.
IN this way, let's hope that India may be less polluted and managed in coming year in 2017, but till then one doubt can continue to circle that how would India contain itself from using the high percentage of Fuel demand in its valid cultural and social core indeed...
Sensex closes in red, Nifty ends below 8200
