Date: 9th September, 2025.

Venue: Tunga International, Mumbai.

Panelists:

• Mr. Pramod Shinde – Head-Communication, Material Recycling Association of India
• Dr. Sandeep Vakharia – Hon. Secretary, Bombay Non-Ferrous Metals Association
• Mr. B K Soni – Chairman & MD, Eco Recycling Ltd
• Mr. Ajit Salvi – Regional Centre for Urban & Environmental Studies, All India Institute of Local Self-Government
• Mr. Gurashish Singh – Co-founder & COO, ReCircle

The panel on Unlocking Circular Value turned into one of the most insightful discussions of the event, bringing together stakeholders from policy, industry, and trade to decode how India’s recycling ecosystem is evolving.

The conversation highlighted the regulatory environment, with panelists addressing the latest policy updates, the scope and enforcement of Extended Producer Responsibility (EPR), and the complexities around GST and compliance for recycling businesses. Trade dynamics and global supply chain shifts were also discussed, with emphasis on how India can position itself as a regional hub for recycled materials.

Beyond compliance, the dialogue focused on unlocking market opportunities through circularity. Experts emphasized how companies can move beyond waste management towards value creation—by investing in technology, building efficient collection and segregation systems, and fostering collaborations across sectors.

Key Insights

• Policies must balance compliance requirements with business incentives to accelerate adoption.
• EPR is driving accountability but needs stronger infrastructure and monitoring mechanisms.
• A rationalized GST framework could significantly support recyclers and formalize the sector.
• Trade reforms and harmonized standards will be crucial for India’s competitiveness in the global recycling value chain.
• Circularity is no longer optional—it is central to business resilience and sustainability.

The session concluded with a strong call for industry–government collaboration to create a robust policy environment, scalable business models, and greater investment in technology. With the right push, India can move from a linear to a circular economy and unlock long-term value for businesses, society, and the environment.