ONGC chief calls for innovation to cut India's 88% oil import dependence, Economic Times reports

The Economic Times reports that ONGC chairman Arun Kumar Singh called for energy innovation to reduce India's 88% oil import dependence. The report says greater domestic oil and gas output is needed for energy self-sufficiency. It also highlights startups' role in developing new technologies and the need to change procurement rules for state-run oil companies to support them.