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INFO: A major focus at Davos 2023 across participating countries is on green energy. The world is transitioning from fossil fuels to green fuels. "India is quite late in using ethanol as an alternate fuel for automobiles when compared with Brazil, Sweden, or other major nations. Ethanol is a standalone fuel is a reality. Formula 1 cars use ethanol as a fuel so the fastest cars in the world are using ethanol. The only challenge we are facing is the availability of ethanol", said Vijay Nirani Managing Director - MRN Group in conversation with Rahul Kanwal, News Director Aajtak, and India Today at the World Economic Forum in Davos.