India's aviation and shipping sectors are growing rapidly. Regulatory mandates for low-carbon fuels are law, not aspiration. The technology is proven and commercially deployed. The supply is not there — yet. That gap is the opportunity Axiom is built to close.
Both sectors are structurally dependent on liquid fuels. Both face mandatory decarbonisation targets within the next decade. Both lack viable supply at scale.
From international shipping alone — projected to grow 50% by 2050 under business-as-usual scenarios. The IMO has legislated mandatory carbon intensity reductions.
Projected global passenger demand growth to 2050. Long-haul aviation cannot be electrified. Liquid drop-in fuels are the only viable decarbonisation pathway.
Today's global SAF production covers less than 0.1% of jet fuel demand. The supply gap is enormous, structural and durable.
India is the third-largest aviation market globally, growing at 12% per year, with essentially zero domestic SAF production and a national mandate already in place. No comparable opportunity exists in any other geography.
India's annual jet fuel consumption (FY2024), expanding at 12% CAGR. Domestic carriers including Air India, IndiGo, SpiceJet, Vistara and Akasa are all expanding international fleets.
India's National Biofuel Policy mandates SAF blending. CORSIA Phase 1 applies to Indian international carriers. MoEFCC's Carbon Credit Trading Scheme creates a domestic market.
India produces 500 million tonnes of agricultural residue annually. Plus 13.96M hectares of bamboo. Feedstock is not the constraint — capacity to convert it is.
Every major jurisdiction has legislated SAF and low-carbon shipping mandates. The demand signal is structurally guaranteed. First-mover suppliers will capture the premium.
Axiom is positioning now — before mandatory demand triggers a supply scramble and regulatory credits compress.
Three forces — technology maturity, regulatory certainty and capital alignment — have never coincided before. This window is time-limited.
Catalytic upgrading of biocrude has crossed the demonstration threshold. Advanced hydroprocessing pathways are commercially deployed at scale. Licella Cat-HTR™ is operating at industrial scale. The science is proven; engineering scale-up is the work.
Mandates across IMO, ICAO, EU and India are legislated, not aspirational. Carbon pricing mechanisms are live. The demand signal is locked in — supply is not. This is the arbitrage.
Green infrastructure is attracting patient capital at unprecedented scale. Blended finance, DFI co-investment, offtaker prepayment and green bonds make project economics achievable at seed stage.