NSE:PRAJIND management interview: Markets Hold Firm At 24K as Stock-Specific Action Dominates; KPIT Slumps, Bansal Wire & Aye Finance
ET Now, 2026-07-01. Video: https://www.youtube.com/watch?v=ZjgJHFjNuw8
- Ethanol blending roadmap: India has achieved its E20 blending target and is mapping out a transition toward E85 and E100 to advance national energy self-reliance.
- Industry capacity expansion: Current capacity is sufficient for E20 and up to E30 blending, but the industry will need to add roughly 40% extra capacity over the next few years to support E85, E100, and increased two-wheeler consumption.
- Feedstock diversification: To overcome raw material constraints beyond sugar, the industry is deploying starch- and grain-based feedstocks as well as sweet sorghum and intercropping patterns on existing acreage.
- Capacity utilization revamping: Operating ethanol plants are currently running at 70% to 80% capacity utilization, with brownfield modernization enabling seasonal 4-to-5-month sugar assets to run year-round alongside future greenfield setups.