NEW DELHI: India’s petrol and diesel sales in March shot well past the per-pandemic levels by 14% and 5%, respectively, on the back of a strong economic rebound and stocking by consumers, dealers and farmers in anticipation of upward revision in prices after assembly polls in five states that concluded on March 7.
Jet fuel sales rose sharply to 72% of the pre-pandemic period as airlines increased the number of flights on higher demand following lifting of Covid-19 travel restrictions, official data shows.
The growth in fuel sales is the sharpest in three months. Compared to March 2021, petrol sales were higher by 8.7%, diesel 10% and jet fuel almost 10%.
