<ul><li>Sugar industry seeks a revision in ethanol price to address the dip in blending share, currently at 28%.</li><li>In a recent meeting at the PMO, the industry delegation led by Ravi Gupta highlighted the need for promoting Flex-Fuel Vehicles and increasing ethanol demand.</li><li>The industry achieved milestones in diverting sugar towards ethanol production, supplying 369 crore litres of ethanol in 2022-23, which accounted for 73% of total ethanol blended.</li><li>Due to stagnant ethanol procurement prices, ethanol production remains less profitable, leading to a decline in supply from sugar-based feedstocks and underutilization of India's ethanol production capacity.</li></ul>

Sugar industry seeks ethanol price revision as blending share dips to 28%

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