The general support for fossil fuels in India shows an anticipated upward trend from 2024 through 2028, starting at 4.67 and reaching 5.68. This indicates a consistent increase, with year-on-year growth rates around 5% for each year. Compared to the actual value in 2023, this reflects a clear escalation aligned with ongoing reliance on fossil fuel infrastructure.
Future trends to watch for include:
- Policy shifts favoring renewable energy which may alter these forecasts.
- Evolving international climate commitments influencing domestic fossil fuel policies.
- Technological advancements that may drive efficiencies and investment reallocations.