The gas consumption in India is projected to steadily decline from 52.57 Billion Cubic Meters in 2024 to 46.67 Billion Cubic Meters by 2028. This indicates a decline of approximately 2.55% annually. Compared to 2023, the forecast for 2024 represents a decrease. Over the five-year period, the compound annual growth rate (CAGR) is expected to be negative, reflecting a consistent reduction.

Future trends to watch for include:

Shifts in energy policy focusing on renewable energy adoption which could impact gas demand.
Technological advancements in energy efficiency that may reduce overall consumption.
Evolving economic conditions and industrial growth that could alter the forecast.