'West Asia war a good opportunity for energy reforms, lower costs for industry'
Published on: April 12, 2026, 11:47 a.m. | Source: The Economic Times
The West Asia conflict highlights India's energy vulnerabilities, presenting a prime chance for crucial sector reforms, according to Axis Bank Chief Economist Neelkanth Mishra. He stressed the need for correct energy pricing to fuel growth, noting industry faces the world's most expensive electricity. Mishra urged reforms to boost efficiency and prevent rupee depreciation, citing Japan's post-oil shock success.
