Vedanta has reaffirmed its ambition to produce 500,000 barrels of oil equivalent per day (boepd), underscoring its commitment to strengthening India's energy security and reducing the country's dependence on imported hydrocarbons.

India currently imports nearly 90percent of its oil and gas requirements, exposing the economy to global supply disruptions, geopolitical uncertainties, and volatile energy prices. Vedanta believes increasing domestic production is essential to improving energy resilience while supporting long-term economic growth.

The company highlighted that India possesses an estimated 300 billion barrels of oil and gas equivalent in hydrocarbon potential. Through its Vedanta Oil & Gas – Cairn business, the company plans to unlock these resources by accelerating exploration activities and enhancing oil recovery using advanced technologies.

Commenting on the company's vision, Vedanta Chairman Anil Agarwal said that achieving energy independence is not only a strategic priority but also an economic necessity for India. He noted that every barrel of oil and gas produced domestically strengthens the economy, reduces import dependence, and enhances national resilience.

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Agarwal added that India has abundant natural resources, world-class technical expertise, and a strong entrepreneurial ecosystem capable of driving the country's energy ambitions.

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Vedanta also pointed out that much of India's hydrocarbon potential remains untapped, with several promising sedimentary basins yet to be fully explored. Government initiatives, including the National Deepwater Exploration Mission (Samudra Manthan), have opened vast deepwater and ultra-deepwater exploration areas while supporting investment opportunities estimated at $500 billion across India's energy sector by the end of the decade.

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The company stressed that achieving lasting energy independence will require sustained collaboration among industry, policymakers, entrepreneurs, and technology innovators. Vedanta Oil & Gas currently operates 44 onshore and offshore blocks spanning nearly 47,000 square kilometres across Rajasthan, Gujarat, Assam, and Andhra Pradesh, covering both conventional and unconventional hydrocarbon resources.