India sets producer responsibility target for ELV sector. Will scrap generation get a boost?

Source: BigMint Jan 16, 2025 10:00

EPR on ELVs set at 8% for auto sector majors. Cost, infrastructure problems remain pressing industry concerns. 5-6 mnt of additional domestic scrap to be generated between 2025-30.

Morning Brief: In a major boost to scrap generation and the domestic vehicle recycling ecosystem, the government has promulgated an 8% threshold as part of the extended producer responsibility (EPR) for auto majors to ensure recycled content in their products. This threshold is bound to extend, as envisaged in the government's