Can cow dung and farm waste fuel Japan’s next phase of growth in India’s car market?
AI Summary
Japan and India launched an initiative to build 1,000 biogas plants across India by 2030, aiming to power 2.5 million vehicles with cow dung and farm waste. The project faces significant challenges despite favorable conditions for growth in the Indian car market.
Tokyo and New Delhi launched an initiative on Jul 1 to build 1,000 biogas plants across India by 2030, aimed at powering 2.5 million vehicles. Analysts expect an uneven road ahead as favourable conditions collide with formidable obstacles.
World Markets Deals Commodities Energy Japan India biogas energy initiative sustainable fuel car market renewable energy