Biodiesel has gained worldwide popularity as an alternative energy source due to its renewable, non-toxic, biodegradable and non-flammable properties. It also has low emission profiles and is environmentally beneficial. Biodiesel can be used either in pure form or blended with conventional petrodiesel in automobiles without any major engine modifications. Various non-edible and edible oils can be used for the preparation of biodiesel. With no competition with food uses, the use of non-edible oils as alternative source for engine fuel will be important. Among the non-edible oils, such as Pongamia, Argemone and Castor, Jatropha curcas has tremendous potential for biodiesel production. J. curcas, growing mainly in tropical and sub-tropical climates across the developing world, is a multipurpose species with many attributes and considerable potentials. In this article, we review the oil extraction and characterization, the role of different catalysts on transesterification, the current state-of-the-art in biodiesel production, the process control and future potential improvement of biodiesel production from J. curcas.