When investors turn to Asia for profits, most of them are fixated on China.

But I know better.

There’s another country in Asia that stands to pummel the energy market with a 132% increase in consumption. Indeed, its energy demand is set to skyrocket faster than any other major global economy.

It might not have China’s ambitious nuclear energy plans… or the massive financial resources to buy up foreign oil and gas fields.

[ad#Google Adsense 336×280-IA]However, it does face a much more critical energy situation than China – one that will require explosive development.

And the scenario is creating one of the most profitable opportunities in the global energy sector I’ve ever seen.

I’m talking about India…

Cutting Through the Red Tape

I’ve been to India a half-dozen times in the past 15 years.

And the country has access to shale reserves that are measured at over 96 trillion cubic feet, putting it in the top 10 globally.

And as you can see, energy consumption in both India and China is off the charts.

There’s little doubt that India’s growth story is extraordinary. But doing business there isn’t easy…

Indeed, India is a bureaucratic nightmare.

I’ve written several times about how it’s almost impossible for foreign companies to make money in India.

It’s a closed society with many subtle (and not so subtle) relationships that are the result of hundreds of years of commerce and mutual back-scratching.

Trying to get anything done requires charging through endless layers of red tape, approvals, permits and bribery. And that’s just to get your ideas heard. Then there’s the monstrous task of getting infrastructure and employees up and running.

So even though there are ways to make money from the energy growth spurt in India, they’re not as clear-cut as they are in other Asian countries.

That is, until now…

Last Man Standing

You see, since few companies are willing to work in India to access the 96 trillion cubic feet of gas I mentioned above, it leaves only one option for cashing in on this insanely high growth potential: Reliance Industries (RELI-BSE).

Reliance is one of the largest conglomerates in the world and accounts for more than 14% of India’s total exports, as well as more than 5% of the country’s tax receipts.

Reliance circumvents India’s bureaucracy with the ease of a hardened traveler, having shown over its 40-year history that it can grow and profit – despite the red tape.

And because of its patience and persistence, Reliance tends to be the last man standing at auctions for energy blocks and projects. When other invested companies tire of India’s convoluted process – or can’t muster up the trust to move forward – Reliance swoops in to snag the profits.

If you’re looking to jump on the fastest-moving energy train in the world, then your best bet is Reliance, which is easily bought on the Bombay Stock Exchange.

There are no pure-plays for energy in India, but I’ll continue to track this energy explosion in the East and bring you timely opportunities as they arise.

And “the chase” continues,

Karim Rahemtulla

[ad#sa-trader]

Source: Oil and Energy Daily