On World Biofuel Day 2024, Toyota Kirloskar Motor (TKM) is spotlighting a transformative approach to sustainability that deeply impacts communities and individuals. As part of its global mission to achieve carbon neutrality by 2050, TKM is advancing the use of biofuels to create a more sustainable and equitable future.
India’s growing reliance on imported crude oil has spurred TKM’s focus on ethanol, with blending rates hitting 15.90% in June 2024. The ambitious target of 20% blending by 2025 promises not just to cut carbon emissions but to bring significant social benefits. This shift towards biofuels is poised to rejuvenate local economies and empower communities.
In Gangtok, TKM’s biofuel initiatives are inspiring local change. The promotion of ethanol production is expected to boost the livelihoods of local farmers and stimulate economic activity in the region. By fostering a sustainable energy model, TKM is also contributing to the preservation of Gangtok’s natural beauty and enhancing community well-being.Vikram Gulati, TKM’s Executive Vice President, highlighted that the biofuel movement is about more than just technological advancement; it’s about creating real, positive impacts on people’s lives and building a greener, more inclusive future.
