Sugar Stock Below Rs 10: Poised to Leverage Ethanol Production Capabilities to Achieve India’s Blending Targets Sugar Stock Below Rs 10: Poised to Leverage Ethanol Production Capabilities to Achieve India’s Blending Targets India's commitment to achieving its 20 per cent ethanol blending target by 2025-26, surpassing the original 2030 goal. Karan Dsij / Wednesday, August 14, 2024 / Article rating: 3.8 By FY2024-2025, this figure is expected to rise to around 51 per cent, underscoring the growing importance of grain in India's ethanol landscape.