Creating value via a circular economy
According to Anil Kumar Makkar, manufacturing director, JK Tyre and Industries, the circular economy in India is not a full circle yet but is definitely close
The concluding panel discussion at the first SAP Presents Mint Sustainability Action Summit 2022 brought together leaders from several industries to share their initiatives for a circular economy. “At present, only 9% of what we take from earth is recycled and put into the value chain. If we just double this number, the climate change mitigation becomes two-fold. So, it is very important to take circular economy as a strategy because it will help reduce the resource consumption, and also address the emission at source," said Avinav Prasad, associate director, Deloitte India.