NITI Aayog Launches Circular Economy Reports on ELVs, Tyres, E-waste
WATER & WASTE

NITI Aayog Launches Circular Economy Reports on ELVs, Tyres, E-waste

NITI Aayog recently launched three reports on enhancing the circular economy for end-of-life vehicles (ELVs), waste tyres, e-waste and lithium-ion batteries at the International Material Recycling Conference organised by Material Recycling Association of India in Jaipur. The reports analyse structural gaps in India’s circular economy ecosystem and recommend measures to strengthen infrastructure, formalise sectors, reinforce the Extended Producer Responsibility framework and unlock revenue potential.

Aligned with the Prime Minister’s vision of Viksit Bharat 2047, the reports highlight the growing role of electronic equipment, electric vehicles and batteries in India’s low-carbon, resource-efficient growth pathway. EV sales have risen sharply over the past decade, while demand for lithium-ion batteries is projected to expand significantly by 2035. At the same time, the number of ELVs and the volume of e-waste are expected to rise steeply by 2030, underscoring the urgency of sustainable material management.

Developed through extensive consultations with ministries, regulators, industry and knowledge partners, the reports present actionable recommendations to accelerate India’s transition to a circular economy. These include improving material recovery, strengthening domestic supply chains, enhancing sustainability outcomes and boosting material security to support inclusive and long-term economic growth.

NITI Aayog recently launched three reports on enhancing the circular economy for end-of-life vehicles (ELVs), waste tyres, e-waste and lithium-ion batteries at the International Material Recycling Conference organised by Material Recycling Association of India in Jaipur. The reports analyse structural gaps in India’s circular economy ecosystem and recommend measures to strengthen infrastructure, formalise sectors, reinforce the Extended Producer Responsibility framework and unlock revenue potential. Aligned with the Prime Minister’s vision of Viksit Bharat 2047, the reports highlight the growing role of electronic equipment, electric vehicles and batteries in India’s low-carbon, resource-efficient growth pathway. EV sales have risen sharply over the past decade, while demand for lithium-ion batteries is projected to expand significantly by 2035. At the same time, the number of ELVs and the volume of e-waste are expected to rise steeply by 2030, underscoring the urgency of sustainable material management. Developed through extensive consultations with ministries, regulators, industry and knowledge partners, the reports present actionable recommendations to accelerate India’s transition to a circular economy. These include improving material recovery, strengthening domestic supply chains, enhancing sustainability outcomes and boosting material security to support inclusive and long-term economic growth.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code