In this episode, economic situation Rishi Ranjan Kala of the BusinessLine podcast speaks with Prashanth Nuthula, Partner at Deloitte India. He talks about the future of SAF (Sustainable Aviation Fuel) in India, its growth prospects and the role of SAF in decarbonizing the aviation industry. He cited the latest Deloitte India report suggesting that India could produce 8-10 million tonnes of SAF annually by 2039-2040, requiring an investment of around $70-85 billion. I’m emphasizing it. With global demand expected to increase, India may even surpass domestic demand for SAF blends and emerge as a major SAF exporter.
This episode from Nutula highlights the significant opportunities for India to meet its own SAF needs and export in bulk, especially given India’s agricultural surplus and strategic location close to major international markets such as the Middle East and Singapore. It begins.
Nutula is addressing challenges such as early-stage feedstock conversion technology and the logistical challenges associated with collecting and storing agricultural residues. Nutula emphasizes the importance of robust infrastructure, policy support and incentives for farmers and businesses to scale up SAF production. He believes that with technological advances and a clear roadmap from the government, India can overcome these hurdles and drive growth in the biofuel sector.
The episode also touches on India’s role in meeting SAF’s global obligations, including CORSIA, which will become mandatory for Indian airlines in 2027. The initial blending target is 1% in 2027 and 2% in 2028, Ntula suggested. Strategies will be needed that benefit both the aviation industry and Indian farmers by increasing production and increasing income through agricultural residues.
(host: Rishi Ranjan KalaProducer: Prethicshaa Gurumoorthy)
About the economic situation podcast
The Indian economy is being hailed as a bright spot amidst the gloom that currently grips the world. However, some sectors continue to stutter even though others seem to be starting to fire on all cylinders.