Within India, the industry’s share of TFC will develop from 19% in 2013 to 28% in 2040. Although industry will be the sector with the largest increase in annual consumption in Emerging Asia in absolute values, the transport sector will have the highest growth rates in annual energy consumption. As the disposable income increases for the population in emerging Asia, the increase in personal vehicles will contribute to more than doubling the annual energy consumption of the transportation sector, from 437 Mtoe in 2013 to 981 Mtoe in 2040. While India accounts for an increasing share of TFC in emerging Asia, and ASEAN’s share remains relatively stable, China’s share decreases from 66% in 2013 to 56% in 2040 (Figure 3.2). Calculations are based on IEA’s New Policy Scenario.