The forecast for direct transfer on all fossil fuels for residential use in India indicates a gradual decline from 2024 to 2028. Starting at $4.72 billion in 2024, the value decreases annually, reaching $4.38 billion by 2028. This represents a steady year-on-year decline ranging from roughly 1.9% to 1.7%. Comparatively, direct transfer stood at a different level in 2023, before the start of the forecasted data.

Future trends to watch for:

Shifts towards renewable energy sources, potentially impacting fossil fuel dependency.
Government policies on subsidies and pricing affecting fuel economics.
Technological advancements in energy efficiency for residential use.