Qatar, United Arab Emirates, Kuwait, Brunei….no, I am not talking about my dream holiday. Apart from Limousines and grandiose, the one thing that these nations are thriving on, by de facto, is oil; precisely a resourceful use of oil. And so, better late than never, the Indian Government has realized how to fuel its own economy with this ‘black gold’. Let’s find out how these start-ups are pouring oil on troubled waters!
It's the first time when the sputtering oligarchic industry, infamous for being a ‘closed sector’, is inviting start-ups with cutting-edge technologies to fuel the ambitious Indian economy. Hence, for starters, India’s mammoth corporations and public sector units such as ONGC, Hindustan Petroleum, Bharat Petroleum Corporation Limited, GAIL and Indian Oil, along with others, have decided to become the flagbearers of the much needed change in the rigid oil, gas and energy regime. Guess Einstein was right when he said “We shall require a substantially new manner of thinking if mankind is to survive.”
Minister of Petroleum and Natural Gas, Dharmendra Pradhan said, “Thousands of applications have come in and out. Of that we have selected 36 start-ups, some with Artificial Intelligence tools to solve the sector issues.”
WITH RISING DEMAND COME GREATER RESPONSIBILITIES
Bu hikaye Entrepreneur magazine dergisinin January 2018 sayısından alınmıştır.
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Bu hikaye Entrepreneur magazine dergisinin January 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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