India: Third-Largest Ethanol Producer and Consumer

Tags: Reports

India has risen to become the third-largest producer and consumer of ethanol globally, driven by key policy reforms aimed at promoting biofuels and energy sustainability.

An Overview of the News

• Boosting Ethanol Production: The government has introduced various programs, offering financial support to sugarcane farmers and manufacturers to increase ethanol availability.

• Reducing Fossil Fuel Dependence: Policies focus on blending ethanol with fuels to cut down reliance on fossil fuels and support rural farmers.

• India Sugar & Bio-Energy Conference (September 2024): Organized by ISMA, the conference gathered policymakers and industry leaders to discuss the future of sugar and bio-energy sectors.

• "Harmonising Sweet Sustainability": The theme highlighted sustainable practices and teamwork in driving eco-friendly innovations in the sugar and bio-energy industries.

• Focus Areas: Discussions centered around expanding ethanol production, optimizing supply chains, and promoting sustainable farming to align with India's green economy goals.