FICCI : Industry's Voice for Policy Change

Mr Amitabh Kant, CEO, NITI Aayog today emphasized on the need for developing and adopting the Circular Economy (CE) in our system, which will also help India post- COVID. “The green recovery post-COVID would not just help us to tackle environmental challenges like climate change, it would also help economic recovery through creation of jobs and opportunities,” he added.

Addressing the virtual ‘FICCI Circular Economy Symposium 2020’, Mr Kant said that COVID-19 is a reminder of the vulnerabilities built into the present system. “The new paradigm emphasises on taking a comprehensive view on products and processes to achieve minimization of recourse use. The world is increasingly becoming conscious to the pattern and efficiencies of resource usage. The convergence of different disciplines including industrial ecology, environmental, sustainability, and end of life of products, have all evolved to an overarching vision of CE.”

He further said that within the CE, material recycling offers a paradigm shift from the conventional recycling techniques of incineration and land filling by transforming EOL products, scraps and wastes into useful raw materials to be fed back to the economy instead of being disposed in landfills, etc.

Mr Kant added that the recycling industry is closely integrated in different commodity sectors driven by basic supply and demand. Material recycling is one of the building blocks of resource efficient Circular Economy. Many countries have initiated a way forward towards promoting the CE through organized recycling to attain sustainable development. “Scrap materials are not waste; recyclable material is a resource. They have an important role in economy and sustainable development,” added Mr Kant.

Highlighting the potential of plastic recycling, Mr Kant said that managing plastic waste continues to be a challenge and within this segment, the management of multi layered plastic is a bigger challenge.

“Domestic consumption is about 15 million tons and estimated recycling capacity is just 2.35 million tons. Therefore, recycling continues to be in the informal and unregistered units. Low household segregation and weak collection and transportation system that supports the segregation inhibit the recycling of plastic and high plastic recycling rates need to be achieved in an environmentally sound manner,” he noted.

Complimenting FICCI on the release of ‘Strategies for Sustainable Plastics Packaging in India- A USD 100 billion Opportunity till 2030’, Mr Kant said that in India, we consume around 10 million tons of plastic packaging each year amounting to $13 billion in value. “Currently, we are capturing only a fraction of this value due to number of reasons like poor packaging design, low wastes collection and inefficient recycling, etc. If the current state continues, in the next 10 years we will be losing around $133 billion,” he added.

He also said that the report presents an approach to capture $100 billion lost through eight high value interventions. To realize this value, we must take a holistic value chain approach from reducing consumption in designing better packaging to reusing as much as we can,” he asserted.

Mr Ugo Astuto, EU Ambassador to India said that resource efficiency and Circular Economy are among the most crucial issues for the future of society worldwide when resources are scarce. He also stated that India and EU need to develop a new economic paradigm centred around sustainability.

Mr Anirban Ghosh, Chair, FICCI National Circular Economy Committee & Chief Sustainability Officer, Mahindra Group said while highlighting the examples of infinitely recyclable materials like plastics and lithium batteries, he said that number of materials that are infinitely recyclable are increasing and there is a lot that needs to be done in this sector.

Mr Dilip Chenoy, Secretary General, FICCI said that Circular Economy provides huge opportunities especially for the business sector and for the society at large. FICCI will act as a catalyst by increasing collaborations with the government, industry and multilaterals.

Mr Willem Uijen, Executive Director, Supply Chain, HUL said that the company is committed to include plastics in the Circular Economy, reduce plastic litter and make it compostable by 2025 with a focus on improving the livelihoods.

Mr Janardhanan Ramanujalu, Vice President, Regional Head ? South Asia & Australia, SABIC said that Circular Economy has been in practice for long, the only question is the scale and extent to which we can develop it further. Consumer demand is an important driver of recyclability, he added.

Quality Forum

Team Leader

Mritunjay Kumar

Timeline

FICCI Certified Training on Effective Implementation and Internal Audit of ISO 13485:2016 Medical Devices Management System

Jul 24, 2023

FICCI Certified Training on Indian and European Medical Devices Regulations(MDR)

Jul 27, 2023

Jun, 2023

FICCI Certified Training on Psychological Health and Safety at Work in accordance with ISO 45003:2021

CQI IRCA UK Approved Training on ISO/IEC 27001:2022 Information Security Management System Lead Auditor Course

Training on 'Concepts of Circular Economy'

Mental Health Champions Program

May, 2023

Development of Circularity Measurement Framework- Steel Working group session

Development of Circularity Measurement Framework- Automobile Working group session

Development of Circularity Measurement Framework- FMCG Working group session

Certification Program on Strategic HRBP

CQI IRCA UK Approved Training on ISO 9001:2015 Quality Management System Lead Auditor Course

FICCI Certified Training on Effective Implementation and Internal Audit on ISO/IEC 17025:2017 Laboratory Management System and NABL Criteria

Apr, 2023

FICCI Certified Training on Effective Implementation and Internal Audit on ISO/IEC 13485:2016 Medical Devices Management System

CQI IRCA UK Approved Training on ISO 9001:2015 Quality Management System Lead Auditor Course

Mar, 2023

FICCI Certified Training on Effective Implementation and Internal Audit on Developing Integrated HACCP - VACCP - TACCP

Jan, 2023

FICCI Certified Training on Effective Implementation and Internal Audit on ISO/IEC 17025:2017 Laboratory Management System and NABL Criteria

CQI IRCA UK Approved Virtual Training on ISO 9001:2015 Quality Management System Lead Auditor Course

Dec, 2022

Buyers - Sellers Meet for Food Processing Industries postponed

Buyers - Sellers Meet for Food Processing Industries

Nov, 2022

FICCI Circular Economy Symposium 2022

Certification Programme on Re-imaging IR & Labour Laws: Yesterday, Today & Tomorrow (in partnership with XLRI Jamshedpur)

Jul, 2022

Certification Training Programme on Prevention of Sexual Harassment

Jun, 2022

Leading in Hybrid Environment

Diversity, Equity & Inclusion Certification

May, 2022

Inaugural session of 3rd Edition FICCI Innovation Summit 2022

Nov, 2021

FICCI Circular Economy Symposium 2021

The Great Manager Certification Program

The Great Manager Certification Showcase

Aug, 2021

Mental Health Champion Program

Smart & Sustainable Leadership Hiring Colloquium

Jul, 2021

Performance Management System Online Certification Program

A New Mind for New World: With Mindfulness

Jun, 2021

Building Emotional Resilience

Effective Implementation and Internal Audit of ISO/IEC 17025:2017 Laboratory Management System (LMS) & NABL Criteria

IRCA UK Approved ISO 9001:2015 Quality Management System (QMS) Auditor/Lead Auditor Training Program

May, 2021

OD Certification Program for HR Professionals

Apr, 2021

Strategic HR Business Partnership

Mar, 2021

Sub-regional Policy Dialogue on Role of Business in Mainstreaming SCP

Innovation Summit - Second Edition

Nov, 2020

Certified Sales Professional program

Strategic HR Business Partner Online Certification program

Oct, 2020

Circular Economy Symposium (CES)

Sep, 2020

Strategic HR Business Partner Online Certification

OD Certification Program for HR Professionals

Coaching Your Team to Enhance Performance 2.0

Aug, 2020

Virtual Workshop on Create and Nurture your Purple Cows

RCA UK online Approved ISO 9001:2015 Quality Management System (QMS) Auditor/Lead Auditor Training

Total Wellbeing Virtual Summit

Jul, 2020

Understanding and Channelizing Emotional Diversity in these times

Effective Implementation & internal Audit online training of ISO/IEC 17025 Laboratory Management System & NABL Criteria

Effective Implementation of ISO 17020:2012 by Bodies Carrying Out Inspection for the Purpose of Accreditation

Jun, 2020