India aims to expand ethanol industry to Rs 2 lakh crore

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Considering the need to keep a check on pollution, the Indian government aims to expand the ethanol economy from the existing Rs 20,000 crore to Rs. 2 lakh crore.

Addressing the second conference on the alternative fuels for India @ 75: moving towards greener future organised by FICCI, Union Transport Minister Nitin Gadkari said, “We will make it mandatory for all the manufacturers to produce flex-fuel vehicles.”

The Minister also cited examples of Brazil, Canada, and the USA, where most automobile companies manufacture flex-fuel engines.

Recently he had said that ethanol production could save the country’s fuel. There is a need to run vehicles on electricity and ethanol on the lines of Brazil.

Gadkari had earlier stated, “Our country produced 4.65 billion litres of ethanol last year and we need 16.5 billion litres of ethanol. So the Central Government will take up as much ethanol as is produced. Ethanol is a better and cheaper green fuel than petrol. All vehicles in the country should run on 100% ethanol,”

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