New Delhi, Aug. 6 -- Ethanol stocks are in the limelight as India accelerates its E20 fuel programme, which aims to make 20% ethanol blending with petrol the nationwide standard.

The government has advanced the rollout to reduce crude oil imports, improve energy security, and cut carbon emissions. Rising demand for ethanol has put sugar mills, grain-based distilleries, and ethanol equipment manufacturers in focus. Supportive policies, long-term blending targets, and increasing investments in biofuels have strengthened investor sentiment.

Companies with significant ethanol production capacity are therefore attracting attention, including from foreign institutional investors (FIIs). Here are a few ethanol manufacturers in which FIIs incre...