Novozymes sees 2G as a big opportunity for India

In India, Novozymes’ VP for biorefining commercial told the Business Standard newspaper that the country’s push towards 2G ethanol will not only help it achieve energy independence, but it will also create jobs in rural areas that are so desperately needed. The country’s biomass surplus is enough to produce 30 billion liters per year but policy is only looking to blend up to 10 billion liters by 2030. He said that the policy put in place to support biofuels last year is ambitious and move the industry in the right direction but that stakeholders need to work together to achieve those goals.