India is uniquely positioned to produce enough sustainable aviation fuels (SAF) to supply global markets at costs up to 40% below global benchmarks, thanks to its booming renewable energy sector. The country can transform its crude oil import vulnerabilities into a multibillion-dollar export industry by scaling Power-and-Biomass-to-Liquids (PBtL) Sustainable Aviation Fuels into a $9 billion export opportunity by 2030 and $30 billion by 2040. India's vast amounts of surplus crop residue, which is traditionally burned by farmers, can be collected to produce supply 25% of global SAF requirements while creating direct income streams for rural communities. The country is currently producing some of the world’s cheapest green hydrogen, with prices falling from $4.67/kg in June 2025 to $3.23/kg in February 2026 mainly driven by an abundance of cheap solar power. India's green hydrogen is projected to drop below $3/kg by 2030, enabling PBtL to consistently outcompete rival technologies. The addition of green hydrogen fundamentally changes the economics of biomass-based SAF production, allowing roughly twice as much SAF to be produced from the same amount of biomass. This technology also avoids one of the biggest criticisms of conventional biofuels, making it an attractive option for the global aviation industry. India's investment in SAF is intended to reduce its long-term exposure to volatile jet fuel markets and has attracted investment attention, with California-based Aemetis exploring an initial public offering (IPO) for its Universal Biofuels subsidiary in India. This breakthrough signals a significant opportunity for India to play a leading role in the global transition to sustainable aviation fuels, while also creating new economic opportunities for rural communities and reducing greenhouse gas emissions.