With a GDP growth rate of 7.8%, India was the world’s fastest-growing major economy in 2023. Its economy is now the fifth largest globally and is projected to become the third largest by 2030, behind only the United States and China. This rapid economic growth is expected to place significant strains on India’s energy system, which remains heavily reliant on imported fossil fuels, particularly crude oil and natural gas. As energy demand continues to rise, the country risks seeing a corresponding increase in carbon emissions due to its dependence on fossil fuels in sectors such as transport, power generation, and industry.
In light of these challenges, biofuel manufacturing and waste-to-energy solutions are becoming vital to India’s strategy for energy independence and sustainability. By utilizing biomass, agricultural residues, and waste materials, these approaches offer alternatives to fossil fuels while addressing waste management issues. This article explores the role of biofuels and waste-to-energy in India’s energy security, supported by government initiatives and platforms like Buyofuel, which provide end-to-end solutions for manufacturers—from raw material sourcing to product sales.