This book presents an overview of the current and future markets for biodiesel in India. It also provides feedstock analysis, market drivers restraints and future strategies for the industry. In this research Frost and Sullivan's expert analysts thoroughly examine the biodiesel and bioethanol markets.
India's crude oil petroleum products supplies are largely import-dependant. With oil import expenditure increasing by more than six times in the last 25 years due to escalation in global demand and prices biofuels are likely to be pressed into service. This alternate form of fuel will be critical in reducing the dependence on fossil fuel achieving greater energy security and reducing noxious emissions. The Government is currently implementing an ethanol-blending program while it is also considering initiatives in the form of mandates for biodiesel notes the analyst. Due to these mandates the rising population and the growing energy demand from the transport sector biofuels will be assured of a significant market in India.
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