New Delhi, Feb. 21 -- Structural reforms are essential to bring India's fragmented scrap and recycling markets into the mainstream economy, industry leaders and policymakers said at a national conclave organised by the PHD Chamber of Commerce and Industry in association with MetalX here.
The conclave on 'Reimagining India's Scrap and Recycling Market' brought together government officials, regulators, public sector enterprises, recyclers, financiers, and technology providers to deliberate on improving transparency, governance, and institutional trust across the recycling value chain.
Dr Jatinder Singh, Deputy Secretary General, PHDCCI, said nearly 60-70 per cent of the scrap market operates informally, with contamination levels of 25-30 p...