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Expansion● Neutral for Indian equities
India revives E100 push with Toyota Innova launch in October as feedstock concerns grow
The brief
- A 100% ethanol Toyota Innova is expected to launch in October
- Industry is looking to maize, rice and farm waste to support expansion beyond E20
- Feedstock demand could affect sugar, grain and agricultural-waste markets in India
- 3X credits for range-extender EVs, ethanol benefits for hybrids: CAFE-III expands compliance options
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