India has seen a major increase in use of LPG
Letter from India: Prosperity and sustainability make uneasy bedfellows
Burgeoning middle class and long-term growth from a low base at odds with energy transition efforts
Visits to India never fail to leave the impression of fast growth, dynamism and people in a hurry to get richer. The big-picture numbers are certainly impressive: GDP growth is likely to be about 5% in 2023 and 6% in 2024, according to OECD data. Looking ahead, the pace could accelerate even further to 7% through the rest of the decade. India surpassed China earlier this year to become the world’s most populous country, with more than 1.43b people. The population will continue to grow to 2063, when it will peak at 1.66b, according to the UN. The proportion of the population living in energy-hungry cities will grow from 36% in 2022 to 53% in 2050, while per capita income is expected to triple
Also in this section
11 April 2025
The Gulf state’s offer to supply electricity-starved Syria is an opportunity to support a key ally, but Doha’s ambitions to build broader pipeline networks to Turkey and Europe face challenges
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
10 April 2025
Technology, policy and narrative are the three biggest factors that could change the course of our 2050 outlook
10 April 2025
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
