New Delhi, April 23 -- Emphasising the need to reduce India's vulnerability to external energy shocks, MD Kotak Mutual Fund and member PM's economic advisory committee, Nilesh Shah, has called for accelerated electrification and a stronger push towards nuclear energy to cut dependence on imports.

Speaking in an interview with ANI, Shah said that while India's resilience has improved compared to past crises, energy imports remain a critical risk. "We are still dependent upon energy import. Availability of supply is very, very important," he noted, referring to ongoing geopolitical tensions impacting oil markets.

He stressed that electrification across sectors is key to long-term energy security. "We have to focus on the electrification o...