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HomeSugar Industry NewsIndia s Plans For 20 Ethanol Blending Will Cut Sugar Subsidy Report

India s Plans For 20 Ethanol Blending Will Cut Sugar Subsidy Report

India’s plans to blend 20 per cent ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor told reporters on Thursday.

India recently approved a proposal to achieve 20 per cent ethanol-blending with gasoline by 2025, five years ahead of its previous target.

Higher ethanol output will cut India’s sugar production, reducing the need to give incentives for the export of sweetener.

The above news was originally posted on www.businessworld.in

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Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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