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Sugar Industry Urges Government for Demand Push to Boost Ethanol Blending

Sugar Industry Urges Government for Demand Push to Boost Ethanol Blending

IN SHORTIndia's sugar industry has appealed to the government to increase demand support measures to further boost ethanol blending targets. Industry bodies cited challenges in raw material sourcing and market dynamics but reinforced their commitment to aiding India’s renewable energy goals. Enhanced incentives and assured sourcing were recommended to accelerate ethanol production and reduce fossil fuel dependence.

TL;DR

  • Sugar industry representatives requested government boost demand for ethanol blending.
  • Ethanol blending aims to reduce oil imports and environmental impact.
  • Producers face raw material shortages and pricing uncertainties.
  • Industry stakeholders called for policy clarity and financial incentives.
  • Ethanol blending targets have been prioritized under national energy plans.
  • Government support seen as crucial for meeting ambitious blending mandates.
  • Producers committed to ramping up production with adequate backing.
  • Calls made for improved infrastructure and distribution networks.