Software is the new oil.
In 2020 Saudi Arabia Exported Crude Oil Worth $113.7 Billion.
In 2020-21 India Exported Software Services Worth $133.7 Billion.
As of March 31, 2021, India had 23 crude oil refineries, with 18 state-owned, 3 privately owned, and 2 joint ventures.
In 2020โ21, India's refineries processed 221.37 Mt of oil.
President Donald Trump says he'll impose a 25% tariff on goods from India, plus an additional import tax because of Indiaโs purchasing of Russian oil