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Published March 15, 2020 | Version Original Version
Journal article Open

Future Business Prospects and Marketing Strategies of Oil and Energy Marketing Companies (Under Government of India)

Creators

  • 1. Ph.D. Research Scholar, Sangam University, Bhilwara, Rajasthan, India
  • 2. Ph.D. Research Scholar, Pacific University, Faculty of Social Science & Humanities, Udaipur, Rajasthan, India
  • 3. Associate Professor, Sangam University, Bhilwara (Rajasthan), India

Description

Future Business Prospects and Marketing Strategies of Oil and Energy Marketing Companies (Under Government of India)

Shubham Parsoya
Ph.D. Scholar/Research Scholar,
Sangam University Bhilwara (Rajasthan), India

Priyanka Parsoya
Ph.D. Scholar/Research Scholar,
Faculty of Social Science & Humanities, Pacific
University Debari, Udaipur, (Rajasthan), India

Dr. Asif Perwej
Associate Professor, Sangam University,
Bhilwara (Rajasthan), India

 

Abstract:
The prosperity of a country depends directly on the development of agriculture and industry. For adequate agricultural production, many types of other facilities are required such as operating power, transport, energy generation, and many types of other facilities. Whereas for industrial production and development not only machinery and equipment but also skilled manpower, management, energy, etc. facilities are needed. All these facilities and services are collectively called infrastructure. India has both commercials as well as non-commercial sources of energy. Our Indian government is also engaged in the discovery of various types of unconventional sources of energy to give extra support to the development of country India. Consumption of petroleum products in India in 1973 was about 240 million tonnes, which increased to 1382 lakh tonnes in the year 2009-2010. Crude oil production in India is only about 335 million tonnes, whereas the consumption of crude oil in India is at a much higher level than its actual production in country India. Due to this, in 2008-2009, India had imported 138 million tonnes of crude oil from outside, which went on steadily increase over time. As a result of this, foreign exchange is going outflow against the import of crude oil in India.

Keywords: energy, petroleum, diesel, fuel, agriculture, promotions, infrastructure, prosperity, transport, power, development

 

Vidyawarta®
Peer-Reviewed International Journal

Interdisciplinary Multilingual Refereed  Journal

Jan. To March 2020
Issue-33, Vol-09

 

MAH MUL/03051/2012
ISSN: 2319 9318

Impact Factor 7.041 (IIJIF)

Notes

Description About the author: - Mr. Shubham Parsoya, Ex-Assistant Professor, School of Management Studies Ph.D. Research Scholar (Management) Master of Business Administration in (Human Resources Management and Marketing Management) from Guru Gobind Singh Indraprastha University, New Delhi, India Bachelor of Commerce Lean Six Sigma Champion Certified, School of Business Leadership Colorado, United States Six Sigma Yellow Belt Professional, Project Management Institute Accounting Fundamentals Certified, Corporate Finance Institute, Vancouver, Canada

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Journal article: 10.5281/zenodo.4743493 (DOI)
Journal article: 10.5281/zenodo.4744661 (DOI)

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