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Bio-fuel Market - India
Netscribes (India) Pvt. Ltd., June 2009, Pages: 21
Development of biofuels is at a nascent stage in India but is being actively pursued to reduce dependence on oil imports. Favourable government policies and initiatives are driving the Ethanol and bio-diesel production in India. Indian oil majors and big corporate houses are foraying into the bio-fuel industry to cash on the untapped potential. Many small firms, with PE backing, are setting up huge biodiesel production plants.
The report begins with an overview of the market including the benefits of bio-fuels, the status of ethanol and bio-diesel production in India. The drivers and challenges explain the factors influencing growth of the industry. Analysis of drivers reveals that increasing oil price, favourable national policy and support from automobile manufacturers have helped growth of this sector in India. The key challenges identified raw material supply constraints, increasing concerns over usage of food crops as feedstock for bio-fuel production and lack of cost competitiveness. The report also highlights the government policies and initiatives to encourage investments in bio-fuel sector. Competitive landscape provides market share and revenues of major players including their business overview and future strategy. A snapshot of plans and activities of oil majors and big corporate houses entering this sector is also provided. The report also provides details of the private equity investments and key developments in bio-fuel market in India.
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