Forecast: Total Support on Natural Gas for All Beneficiaries or Sectors in India

In 2023, the total support for natural gas across all sectors in India was estimated at 73.21 million USD. Forecasts indicate a declining trend: from 70.99 million USD in 2024 to 58.41 million USD in 2028. This reflects a year-on-year decline of approximately 4.45% between 2024 and 2025, and an average annual decrease (CAGR) of 4.51% over the five-year period from 2024 to 2028. The consistent downward trend suggests a reduction in investment or subsidies for natural gas in upcoming years.

Future trends to watch for:

  • Shifts in government policies towards renewable energy sources may further impact support for natural gas.
  • Economic factors and energy demand dynamics in India affecting sectoral investments.
  • Technological advancements enhancing the efficiency and cost-effectiveness of renewable alternatives.

Top Countries about Natural Gas