Biodiesel Expected to Grow in India's Emerging Biofuel Market: New Study
M2 PRESSWIRE -- September 5, 2008 -- The tag of a developing country with a huge energy demand (it was standing at the fifth position in terms of energy consumption in the world in 2002) has forced India to depend on other countries for fuel (oil), increasing the risk exposure of the country to the volatility of crude oil prices in the international market. Feeling the heat of shooting oil prices, India commenced its biofuel journey in 2003. Currently, ethanol dominates the Indian biofuel sector, however, biodiesel is also expected to join the commercial stream soon as the phase one of pilot projects has already been completed. So being at the initial stage, but with huge potential in terms of production, the Indian biofuel industry will prove to be a good option for biofuel producers, says ""Emerging Biofuel Market in India , a recent research report on the Indian biofuel industry. This research report will help the client to evaluate the current status and opportunities in the Indian biofuel market. It studies the Indian biofuel market in detail and based on past and current trends predicts the future direction of the market.
Key Findings.
Research Methodology Information Sources The information has been sourced from authentic and reliable sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and access to over 3000 paid databases. Analysis Method Methods like ratio analysis, historical trend analysis, judgmental forecasting, and cause and effect analysis have been used in the report for prudent analysis.
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