Biomass industry booming in India: Reliance Industries’ foray into biogas

1. India’s biomass industry is experiencing significant momentum, indicated by a 10% growth in the sector’s revenue, reaching ₹65,000 crore in the fiscal year 2020-21.
2. The sector’s growth is driven by increased demand for renewable energy sources, with biomass contributing to about 16% of the country’s total renewable energy capacity.
3. Government policies and initiatives such as the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme are instrumental in fostering the expansion of the biomass industry by promoting sustainable energy practices and supporting rural livelihoods.

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