Mumbai: At a time, when the government is emphasising on the production of Ethanol to reduce the sugar glut, India’s first ethanol motorcycle is likely to come in the market.
According to the reports, TVS Motor Company is likely to launch India’s first ethanol motorcycle. It could be the ethanol version of the Apache 200. In its first phase, it would be launched in leading sugarcane producing states in India. Uttar Pradesh, Maharashtra, Tamil Nadu, Karnataka are the major sugarcane producing states in India.
The company may also tie up with the sugar mills in order to get assistance in ethanol motorcycle making.
The Central Government has the vision to achieve 20 per cent ethanol blending with petrol by 2030.
Recently, Maharashtra sugar commissioner, Mr. Shekhar Gaikwad has furnished a proposal to Chief Minister Devendra Fadnavis proposing assistance of promotion of ethanol production from sugarcane juice in the state and request of support from the Government.
As sugar mills in Maharashtra have been facing issues with depressing sugar prices, surplus stocks and piling cane arrears, experts believe the production of Ethanol will aid sugar mills to improve the financial condition and to clear cane arrears.
To Listen to this News click on the button below the image
