{"id":300596,"date":"2019-11-13T11:48:46","date_gmt":"2019-11-13T06:18:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=300596"},"modified":"2019-11-13T11:48:46","modified_gmt":"2019-11-13T06:18:46","slug":"need-to-adopt-cautious-approach-to-avoid-inviability-of-rise-in-outlets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/need-to-adopt-cautious-approach-to-avoid-inviability-of-rise-in-outlets\/","title":{"rendered":"Need to adopt cautious approach to avoid inviability of rise in outlets"},"content":{"rendered":"<p>The government of India was right in imposing a condition of \u20b92,000 crore investment in the oil and gas infrastructure sector at the beginning of the century, as demand for petrol and diesel was growing almost in double digits. This made fuel retail business a very lucrative one.<\/p>\n<p>Today, though there has been a demand growth of diesel, it has become almost stagnant. However, petrol demand growth is still around 6%, necessitating opening of retail outlets (ROs) every year. The government has now approved further opening up the fuel retail sector for private players with a meagre net worth of \u20b9250 crore as compared to the prior investment requirement of \u20b92,000 crore.<\/p>\n<p>While this may open the floodgates for investors, the government needs to adopt a cautious approach, as opening an uncontrolled number of outlets may led to inviability of many existing as well as new outlets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government of India was right in imposing a condition of \u20b92,000 crore investment in the oil and gas infrastructure sector at the beginning of the century, as demand for petrol and diesel was growing almost in double digits. This made fuel retail business a very lucrative one. Today, though there has been a demand growth of diesel, it has become almost stagnant. However, petrol demand growth is still around 6%, necessitating opening of retail outlets (ROs) every year. The government has now approved further opening up the fuel retail sector for private players with a meagre net worth of [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-300596","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=300596"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/300596\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=300596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=300596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=300596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}