Page 14 - Plastics News July 2026
P. 14

AIPMA AT WORK







           cled materials, harmonized standards, better technology adoption, stronger market acceptance, and
           a policy framework that encourages both sustainability and competitiveness.


           EPR, design for recyclability, recycled content targets, and global sustainability commitments like ILBS
           are changing the way businesses operate. These developments present not only challenges but also
           tremendous opportunities for Indian industry to emerge as a global leader in circular economy solu-
           tions.

           We have a unique opportunity by having policy makers and industry leaders sitting together in the
           same room. This is the ideal platform to openly discuss the issues, identify practical solutions, and rec-
           ommend interventions that can accelerate the growth of the recycling ecosystem.

           As AIPMA, we firmly believe that meaningful progress comes through collaboration between Govern-
           ment, industry, technology providers, recyclers, brand owners, and consumers all have an important
           role to play.

           Shri Arvind Mehta, Mentor GCPRS in his opening
           remarks said, GCPRS has been conceived with the
           objective to become a platform that identifies the
           gaps in the plastic recycling value chain and brings
           together all stakeholders to find practical, scalable
           and sustainable solutions. The present gaps in recy-
           cling value chain are: Quality of Recyclates, Technol-
           ogy Upgradation, Scale upgradation, and Increased
           compliance. Plastic recycling has largely remained in
           the informal sector. the time has come to transform          Shri Arvind Mehta, Chairman Governing Council
                                                                        AIPMA and Mentor GCPRS addressing the CEOs
           recycling into a modern, organized manufacturing
           activity.

           For recycling promotion GST as a tool to increase productivity can be used, GST on scrap to be re-
           duced to 1%, on reprocessed granules to 5%, On recycling machines to 5% and Import duty on recy-
           cling to be reduced to NIL. GST rationalization can become a game changer.

           He also said that India should not blindly follow the practices being followed in collection and recycling
           in Europe, USA or other advanced countries


           He was sure that together, we can build an ecosystem that supports innovation, investments, policy
           reforms and skill development.


           The Round table also had a few presentations to set the tone of discussion. Shri Hiten Bheda present-
           ed an overview of Recycling in India, Ms. Soumay Goyal from ICIC gave an overview and compulsion
           driving recycling in Nort America, Europe and Asia, Shri Mainak Moitra from S&P Global explained how


               14   PLASTICS NEWS                                                                         July 2026
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