As India’s economy has grown, its dependence on imported resources such as oil and natural gas has increased, and as oil prices have risen, the country has faced economic problems such as a widening current account deficit and a sharp decline in its currency.

Aiming to become energy self-sufficient by 2047, the 100th anniversary of its independence, India has introduced policies to foster next-generation energy industries such as renewable energy, biogas, bioethanol, and green hydrogen, as well as policies to promote electric vehicles, gasoline blended with 20% bioethanol (E20), and mandatory blending of biogas with city gas. The government has also introduced policies to promote the use of electric vehicles, gasoline blended with 20% bioethanol (E20), and mandatory blending of biogas with city gas, etc.
India, with annual motorcycle sales of 19 million units, has introduced the latest emission regulations equivalent to those in Europe, and in addition to electric vehicles, has introduced the world’s first CNG motorcycle and E85-compatible flex-fuel products, and there is potential for a variety of next-generation energy products in the future.

It is not easy for Japanese companies to enter the Indian market, with its complicated procedures and vastly different culture. However, India has much to learn from Japan’s low energy self-sufficiency, and there are many business opportunities to test and commercialize new technologies, products, and services in the field of next-generation energy.
This presentation will cover the demand forecast for motorcycles by powertrain/fuel type, as well as policies on renewable energy, bioethanol, biogas, and green hydrogen, and the content of Indian business strategies.

This will be a resource for seizing new business opportunities in India.