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used for the production of biofuel industry, the development of a strategy for such a huge industry require laborious and extensive data collection that should truly represent the whole industry and its business strategies, the business strategies vary from firm to firm and country to country. The time frame of the study did not allow the researcher to visit India and observe the ground realities of the biofuel industries and production technology installed in different firms.

Ultimately the whole data was taken on the basis of the email surveys and online interviews that may have caused some biasness or uncertainty in the results; moreover the literature review was done to elaborate the results for their validity, data obtained from literature was also analysed and compared with the results of the existing study to reduce uncertainty or biasness in the results.

Effect of marketing strategies on the demand of the biofuels can be studies further in order to enhance this researcher further. This researcher can also be expanded to other countries and some aspects like cost of production, marketing, supply, demand and availability of biofuel can be studies. As far as biofuel industry in India is concerned, awareness should be created among masses about biodiesel in order to maximize its demand and increase its use.

As the government is interested to increase the energy security of the country by blending biodiesel with conventional diesel in the transportation, it is also recommendable that new firm should enter the market and take advantage of the loosen policies in this sector. Private sector should also come forward and invest in the Jatropha cultivation to provide maximum biomass to the biofuel industry in order to minimize the cost of production and maximize the profit.

Research on other potential crops should be conducted in order to find the economics of ethanol and biodeisel production from these crops and ultimately finding the best source of biomass for the biofuel industry. Biotechnology should be utilized for improvement in the production technology for biodiesel. Ethanol production units are abundant in India but the biodiesel industry can be considered is nascent, investment in biodiesel industry can be more profitable than in the ethanol sector of this industry.

Business strategy for biofuel and ethanol should be separately studies in order to detailed business strategies, Jatropha seeds are utilized for the biodiesel but its leaves are not edible for human as well as the cattle. Studies should be conducted in order to find a good alternate of Jatropha and sugarcane; it is not wise for an industry to rely on single or two sources of biomass. Therefore, it is essential to make use of different crops according to the different areas, the location of the biofuel production units and abundant crops of that area.

The economics based studies on Jatropha, sweet sorghum and sugar beet should be conducted to find the most economical crop or combination of crops. With the passage of time, non renewable energy sources will decline in quantity that urges developmental plan for biofuel industry so that it can fulfil the energy shortage in the near future when the fos本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。