Indian Gas Exchange (IGX) has set its sights on expanding gas trading volumes nearly fourfold by 2030, reflecting growing momentum in India’s natural gas market and efforts to deepen liquidity and market participation. The move aligns with broader efforts to strengthen energy security and accelerate the transition to cleaner fuel sources.

Indian Gas Exchange (IGX) has outlined plans to significantly scale up activity on its platform, targeting a fourfold increase in gas trading volumes over the next five years as India’s gas market deepens.

The exchange aims to account for around 7% of India’s total natural gas consumption by 2030, up from the current share of about 2.8%, supported by expanding city gas distribution networks and expectations of softer global gas prices.

According to IGX projections, India’s gas demand is set to rise sharply by the end of the decade, creating headroom for higher exchange-based trading. Volumes traded on IGX have already shown strong momentum, recording robust year-on-year growth in 2025.

IGX leadership believes that improved price discovery, growing infrastructure, and rising demand will accelerate the shift towards market-based gas trading, strengthening the role of gas in India’s evolving energy mix.

Source: Read more