India: Biofuels Annual

  |   Attaché Report (GAIN)   |   IN2023-0039

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India: Biofuels Annual

India’s average ethanol blending rate with petroleum for calendar year 2023 is estimated at 11.5 percent. The National Biofuels Policy of India, amended in May 2022, strengthens efforts to increase domestic ethanol output from sugarcane and multi-feed stocks by expediting pace toward blending goals. FAS New Delhi (Post) forecasts India to remain a net ethanol importer for industrial, medical and beverage usage, and exports to remain limited at 120 million liters due to increased domestic demand and lower sugar feedstock availability. India’s biodiesel market remains fragmented and unorganized due to the lack of raw materials, high feedstock prices, and the Indian government’s policies which prioritize ethanol production over other biofuels.

South and Central Asia, India
Biofuels

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