Global Biofuel Alliance is a critical step towards a sustainable future and it will facilitate the ongoing efforts of various stakeholders, including corporates, to bring down the oil import bill and realize the carbon reduction goal at a faster pace, Toyota Kirloskar Motor Country Head and Executive Vice President Vikram Gulati said on Saturday.
India launched the Global Biofuels Alliance on Saturday with Prime Minister Narendra Modi urging G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20 per cent.
