The government is contemplating allowing sugar mills to produce ethanol using their surplus B-heavy molasses amid stable sugar prices and ample supply. With more than 8 lakh tonnes of excess B-heavy molasses in storage, the industry seeks to use it for ethanol production following a ban reversal. Discussions on the proposal are ongoing.
The country's maize production is pegged at 22.48 million tonne for the 2023-24 crop year (July-June), as per the first advance estimate of the agriculture ministry
Coherent Market Insights: India Ethanol Market Size to Surpass Around US$ 6 83 Billion 2030, Recording a CAGR of 15 9% finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ According to CoherentMI, India Ethanol market was valued at US$ 2.43 Billion in 2023 and is anticipated to reach a value of US$ 6.83 Billion by.
BURLINGAME, Calif., Feb. 16, 2024 According to CoherentMI, India Ethanol market was valued at US$ 2.43 Billion in 2023 and is anticipated to reach a value of US$ 6.83 Billion by 2030 at a CAGR of 15.9% during forecast period 2023 and 2030.