India Pushes Biofuels, AI Payments, and EV Manufacturing in Policy Blitz

India announced a series of policy and industry moves on September 10, 2026, spanning energy, finance, and technology. The government called for a bigger biofuel push as oil prices soar, while the Indian sugar sector outlined plans to use sustainable aviation fuel and hydrogen. In finance, India launched a tap-and-pay option for real-time payments and is planning an AI registry to support agentic payments. Meanwhile, EV startup Ultraviolette revealed plans for an $82 million plant to meet surging demand.