In 2023, the total support for natural gas in India's fossil fuel production was estimated at around 5.79 million USD constant 2020 dollars. From 2024 onwards, forecasts predict a steady increase, reaching 6.0 million USD by 2028. The year-on-year growth rate is approximately 0.86% for both 2024 to 2025, and 2025 to 2026, a rate that slightly decelerates to 0.67% by 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is 0.89%.

Future trends to watch for:

The impact of policy changes on the natural gas sector, including shifts towards renewable energy.
Technological advancements that could improve efficiency in fossil fuel production.
Global market fluctuations in oil and gas prices affecting the local industry dynamics.
Environmental regulations and pressures that may influence investment in natural gas infrastructure.