India is set to fast-track flex-fuel vehicles that can run on higher ethanol blends, aiming to curb dependence on imported oil. The push comes as crude markets stay jittery due to geopolitical shocks, including conflicts affecting Middle East energy supplies. If adoption accelerates, ethanol could become a buffer against oil price spikes and import volatility.
The “ethanol man of India” argues the country’s energy future won’t be driven by EVs, but by flex-fuel vehicles. Praj Industries, long seen as the go-to ethanol player, spent nearly three decades fighting to gain ground. Its turnaround is being pitched as a roadmap for other companies trying to scale in India’s flex-fuel ecosystem.
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