A major oil discovery in India could significantly boost GDP, employment, GDP per capita, improve the current account deficit, increase forex reserves, and lead to rupee appreciation.
"If similar thing happens [to Guyana's oil discovery] of course our GDP so that that is what again I got see our GDP could also definitely boost it will bring in a lot of employment typically this sector requires a lot of employment our employment will increase GDP will increase GDP per capita can increase our current account deficit will come absolutely on track our forex reserves will increase rupee can start seeing an appreciation rather than rupee depreciating it could be a crazy change for India if we are really able to hit this if we are able to extract as much as is predicted to be extracted right now."
