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We look forward to the upcoming Union Budget addressing key enablers for the manufacturing and recycling sectors. Policies that incentivize investment in advanced recycling technologies,  offering tax incentives for sustainable manufacturing facilities, will significantly bolster industry growth. Government of India has mandated for 30% recycled content in rigid packaging from 1st April 2025. Strict implementation of this policy shall not only encourage recycling but place India as an important supplier for food grade recycled packaging.

We urge the government to introduce comprehensive guidelines for Extended Producer Responsibility (EPR) that prioritize high-quality recycling methods like chemical recycling. Support for infrastructure development, streamlined approval processes, and skill enhancement programs will play a vital role in scaling up operations and fostering innovation. A robust framework will not only reduce plastic waste but also create a competitive global market for recycled materials, contributing to India’s sustainable development goals.

 

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