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re reviewed has been analyzed in chapter 2. Literature review clearly shows that India's biofuel industry is in need to revise its business strategy for the enhanced production of biofuels, especially the use of Jatropha seeds for the synthesis of biodiesel is emphasized in the literature reviewed during this research and cited in the literature review section.

Studies also show that energy conversion rate of Jatropha seeds is much higher than the molasses; government of India is taking serious steps to increase the plantation of Jatropha in the wastelands so that biofuel industry can be helped in this transition from sugarcane molasses to the Jatropha seeds. Although Jatropha has higher energy conversion ratio yet it has some limitations. For example its cultivation on common waste lands is reducing the lands for the agricultural and food crops; moreover its leaves cannot be utilized as fodder for cattle.

4.6 SWOT Analysis of Biofuel Industry in India

SWOT analysis has gained a lot of importance in business and strategic management, a SWOT analysis of Indian biofuel industry was conducted to find its strengths, weaknesses, opportunities and threats to this industry in the future.

5 Chapter 5- Results and Discussions

Converting this research project into the dissertations has been very challenging for me since the start of this research. This research aimed at achieving measurable objectives through empirical research. Empirical research was conducted to amass data required to obtain set aims and objectives. Enough data was gathered to critically analyse the current situation of biofuel industry in India and devise profitable business strategy.

5.1 Current Situation in Biofuel industry of India

The data analysis showed that the biofuel industry is at its nascent stage and biofuel industry is utilizing food crops like sugarcane, maize and sugar beet, these findings are in confirmation with the results obtained by Gonsalves (2006). Data obtained during the interviews from the managers was analysed and it was concluded that molasses obtained from sugar industry by the fermentation of sugarcane is the cheapest biomass available for the manufacturing biofuels including ethanol as well as biodiesel. These results are also supported by the findings of Gonsalves (2006) who concluded that the molasses is the chief source of biofuel production in India. Almost all the biofuel companies in India are utilizing molasses for ethanol production.

Interviews conducted on voice Skype free software were analyzed, 43.5 % of the managers were of the view that current strategy for biofuel production can be improved to make it more profitable instead of utilizing new crops or technology for this purpose. The reason for their insist on the current strategy was that the new technology would take a lot of input and time for its establishment and new crops like Jatropha seeds would require time for their extensive plantation on the waste lands. This will slow down the process of enhancing the biofuel production and blending of 20 bio-diesels in transportation will not be met til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。