India may be on the verge of a major energy breakthrough, as studies indicate the presence of large oil and gas reserves beneath the Andaman Sea.
This untapped region, located southeast of the mainland and close to Myanmar, Thailand, and Indonesia, has remained largely unexplored. Recent seismic surveys suggest it could hold reserves similar to other oil-rich regions in Southeast Asia. If confirmed, this discovery could reduce India’s heavy reliance on imported crude oil, which currently accounts for over 85% of its needs.
A successful oil find here could save billions in import costs, strengthen the rupee, support industrial growth with a stable fuel supply, and create jobs in sectors like exploration, refining, logistics, and infrastructure. Government bodies, including the Ministry of Petroleum and Natural Gas, and companies like ONGC are showing strong interest. The basin has been included in recent hydrocarbon bidding rounds to attract global investors.
Beyond national energy benefits, the Andaman and Nicobar region could see economic growth, with development in transport, ports, and local industries. However, as this is an ecologically sensitive area, strict environmental safeguards and sustainable planning will be essential. If managed well, this potential oil jackpot in the Andaman Sea could reshape India’s economic future and make the country more energy independent.