From The Economic Times · Sanjeev Choudhary · · 1m 10s
LPG Customer Base Drops After Decade of Growth
India's LPG customer base fell 6.2 million households in four months, marking the first decline in over a decade.
In brief
India's LPG customer base fell 6.2 million households in four months, marking the first decline in over a decade. India lost 6.2 million LPG households between April and August 2024 due to supply constraints from the Iran war. Originally reported by The Economic Times.
LPG Customer Base Decline
India lost about 6.2 million liquefied petroleum gas households between april and august, shrinking the customer base for the first time in more than a decade.
Ujjwala Scheme Impact
The government's Ujjwala scheme for poor households lost 0.6 million customers, dropping to 105.7 million by the beginning of september.
LPG Growth History
India's LPG customer base more than doubled from 148.6 million in 2015-16 to 333.9 million at the start of the current fiscal year.
Supply Constraints
The Iran war constrained LPG supplies from the Gulf region, which previously supplied about 90% of India's imports.
LPG Connection Changes
Oil marketing companies halted fresh LPG connections and used Aadhaar-based biometric verification to identify inactive customers.
Regional Losses
Southern India lost the highest number of LPG households at 2.63 million, followed by western India with 1.62 million.
The main idea
India lost 6.2 million LPG households between April and August 2024 due to supply constraints from the Iran war.
