India is planning to increase its ethanol blending target in petrol from 20% to 30% by 2030.
Achieving this requires a substantial increase in ethanol production, which will heavily rely on the grain sector, specifically maize.
Atul Chaturvedi, the executive chairman of Shree Renuka Sugars Ltd, stated that the sugar sector can only contribute about 7 billion liters of ethanol, while India would need about 15-16 billion liters of ethanol for the 30% blending target.
Chaturvedi also highlighted the challenges of using maize for ethanol production, including potential disruptions to the oilseed sector, such as impacting soybean crushing.