India SAF Market

SAF Market Growth in India

Government support for the adoption of sustainable aviation fuel to drive growth for SAF in India

India is on its road toward sustainable aviation fuel while glorying in its commitment to low carbon emissions and a greener aviation sector. The white paper that India came up with in 2019 on the National Green Aviation Policy was prepared after consulting several stakeholders in the aviation sector, including MoEFCC, the Ministry of Petroleum and Natural Gas, the Directorate of Civil Aviation (DGCA), and major airport operators and airlines. With this policy in place, the country is on the path to becoming a sustainable aviation leader. According to IATA, it is expected to be the third largest air passenger market after China and the United States in the next ten years.

 

SAF Market Growth in India

Through its Clean Skies for Tomorrow initiative, the World Economic Forum brought the Indian private and public sectors together to scale up the production and adoption of SAF. India is, therefore, positioned to increase the adoption of SAF through government support and innovation by the private sector to reduce the carbon footprint of its aviation sector. This collaboration underlines the country's commitment to sustainable growth.

India generates tremendous amounts of agricultural residue, including by-products from farmlands, used cooking oils, and solid wastes, which can provide an excellent source for scaling up domestic production of SAF.

Otherwise, scrap feedstocks are being made into sustainable fuels. Indian airlines have already begun embracing this product. For example, IndiGo has signed a memorandum of understanding with an international SAF supplier to examine its viability for commercial deployment. SpiceJet has also developed a blueprint called "Deploying Sustainable Aviation Fuels at Scale in India," which spells out plans for ramping up production and utilization of SAF.

Factors such as the country's intentions to scale up domestic production of SAF and innovative policy-making with stakeholder collaboration show India's commitment to sustainable aviation. With its resources, markets, and forward-looking policies, India is an example of how it can propel the adoption of SAF, marking a new direction for sustainable growth in global aviation.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Sustainable Aviation Fuel (Biofuel) Market Size,  Share & Growth Report
Report Code
AS 7756
PR Published ON
12/17/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Sustainable Aviation Fuel (Biofuel) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2025 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home