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Modi's oil ambition gives services firms a US$27b lifeline

Investments in exploration, drilling get boost from govt plan to cut fuel imports

Mumbai

INDIA is offering global oilfield service providers starved of new contracts a US$27 billion lifeline as the government's ambition to cut fuel imports drives fresh investment.

Spending plans are ratcheting up and stalled projects restarting after the government in March

sentifi.com

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