India’s ₹84,084 Crore Samudra Manthan Scheme: What Investors Need to Know
India has approved Samudra Manthan, the National Offshore Exploration Scheme, with a ₹84,084 crore Phase-I outlay running through FY 2030-31. The scheme aims to boost domestic hydrocarbon reserves, cut crude oil imports, and build an offshore energy ecosystem spanning exploration, infrastructure, and manufacturing. This piece breaks down the allocation structure, the reforms that preceded it, and what long-term investors should track as the policy moves from announcement to on-ground execution.