Cargill India keen on corn ethanol production but not until policy is feedstock neutral

In India, the Financial Express newspaper reports that Cargill is looking at investing in corn ethanol production in light of the government’s pending policy shift to allow grain feedstocks. The company says it is keen to invest but the policy remains “skewed towards sugar mills” so will wait until the policy framework is more stable before making any moves. India is looking to boost ethanol blending to 20% by 2030 but with feedstock flexibility opening up, that goal could be moved forward.