New Delhi, Sept. 23 -- Ranjit Rath, Chairman and Managing Director of Oil India Limited (OIL) and the current Hydrocarbon Chair of CII, has emphasised the strategic importance of overseas asset acquisition in the critical minerals space, underlining its role in India's energy security and green transition goals.

He added that India is actively exploring its domestic reserves while simultaneously pursuing overseas acquisitions, a strategy similar to the one adopted earlier in the oil and gas sector.

Speaking with ANI on the sidelines of the 6th CII International Energy Conference and Exhibition here in the national capital, Rath noted that while India has built a mature ecosystem in the oil and gas value chain through decades of collabor...