Pioneering Pathways: India's Zero Duty Boosts Recycling Sector
The 12th International Material Recycling Conference (IMRC) in Jaipur highlighted India's dedication to a circular economy. Key reforms, notably the zero-duty policy on non-ferrous scrap, were unveiled, reinforcing cost reductions and sustainability in the recycling sector. MRAI's advocacy and industry insights promise growth in resource-efficient practices.
- Country:
- India
The 12th International Material Recycling Conference (IMRC) in Jaipur served as a crucial platform for industry experts, government officials, and stakeholders to explore advancements in India's recycling sector. The event upheld India’s commitment to sustainable development through innovative policies and practices.
Sanjay Mehta, President of MRAI, aligned the conference with Prime Minister Modi’s Mission LiFE, urging a shift towards 'Pro-Planet People' to foster environmental consciousness through responsible recycling habits. Government officials emphasized the pivotal role of recycling in India's journey to becoming a developed nation by 2040.
Key reforms, such as the government's zero-duty policy on non-ferrous scrap, was introduced. This policy is anticipated to lower operational costs, increase manufacturing competitiveness, and promote sustainable practices, reinforcing India’s global leadership in green manufacturing.
Google News