Global Conclave on Plastic Recycling and Sustainability

• 05 Jul 2024

On July 4th, 2024, a four-day Global Conclave on Plastic Recycling and Sustainability (GCPRS) started in New Delhi.

• The Conclave aims to deal with the problem of plastic waste, as only 10 per cent of the plastic waste generated globally is currently recycled.

Key Points

• The conclave is jointly organized by the All India Plastics Manufacturers’ Association (AIPMA) and the Chemicals and Petrochemicals Manufacturers’ Association (CPMA).
• The conclave focuses on the rising use of plastic, its impact on the environment and also on the steps needed for solutions. Various businesses and experts from across the country will attend the conclave over the four days.
• In a bid to curb plastic pollution, India had introduced the Plastic Waste Management Rules in 2016, which mandated extended producer responsibility, enforced stricter recycling packages and banned specific single use plastic.
• India’s plastic recycling industry is rapidly growing, and is expected to reach USD 6.9 billion by 2033. Government initiatives and a robust existing recycling rate of approximately 60 per cent highlight the country’s commitment to managing plastic waste.
• The event has provided a platform for industry leaders, startups, and environmental experts to demonstrate their latest advancements and share insights on achieving sustainability in the plastic industry.