India Ethanol Market was valued at USD 6512.27 Million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 16.06% through 2029. Ethanol is a renewable fuel made from various plant materials collectively known as “biomass”. Ethanol’s lower carbon intensity compared to conventional fuels has led to a reduction in… Read More »
India ethanol market is anticipated to grow at a healthy CAGR during the forecast period, on the back of government policies and initiatives aimed at reducing oil dependency by blending ethanol with gasoline. During FY2017-2018, the government saved INR40,000 million under the Ethanol Blended Petrol (EBP) program. Moreover, the government plans to save INR12,000 million in… Read More »
India Ethanol market stood at USD2805.38 million in 2021 and is expected to grow at a CAGR of 12.68% during the forecast period. This can be attributed to the factors like administrative support, and government policies like the new ethanol blending program (EBP) which makes it compulsory for oil manufacturing companies (OMCs) to blend 10% ethanol… Read More »