The Indian government’s emphasis on encouraging a circular economy and developing the recycling industry is a reflection of its dedication to sustainable development and environmental stewardship. The government wants to foster an environment that will encourage investment and expansion in the recycling sector by taking into account policy tools like Extended Producer Responsibility (EPR) and addressing concerns about taxes and import duties. Achieving resource efficiency and carbon neutrality while maximising the enormous potential of India’s recycling market requires these actions, as well as strategic partnerships and awareness campaigns.
As a result of its dedication to sustainable growth and environmental stewardship, the Indian government has placed a strong emphasis on advancing the circular economy and the recycling industry. The government seeks to create an environment that is conducive to investment and growth in the recycling industry by taking into account policy tools like Extended Producer Responsibility (EPR) and addressing taxation and import duty concerns. To achieve resource efficiency and carbon neutrality while maximising the enormous potential of India’s recycling market, these initiatives, along with tactical alliances and awareness campaigns, are essential steps.
Government representatives have made it clear that they are primarily looking for a declaration from manufacturers and do not expect a significant increase in costs for the businesses. Experts have however noted that additional costs associated with testing and certification requirements may arise. However, this action is seen as beneficial for customers because it gives them the information they need to make wise decisions, especially for advanced users who are looking for specific data speed details. Compliance will be prioritised when the directive is finalised.
Manufacturer Declaration and Potential Costs: According to government representatives, they are primarily looking for a declaration from manufacturers and do not expect the companies’ costs to rise significantly. However, experts have noted that extra costs associated with testing and certification requirements may be involved. However, this action is seen as beneficial for customers as it enables them to make well-informed decisions, especially for advanced users who are interested in detailed data speed information. When the directive is finalised, compliance will be the main focus.
Declaration from Manufacturers and Potential Costs: Government representatives have made it clear that they are primarily looking for a declaration from manufacturers and do not expect a material increase in costs for the businesses. The costs of additional testing and certification requirements, however, have been noted by experts.
However, this action is seen as advantageous for customers, allowing them to make wise decisions, particularly for advanced users who are interested in detailed data speed information. On compliance will be placed a strong emphasis when the directive is finalised.