SolvingPlasticWaste:RoadmapforaSustainableFutureSolvingPlasticWaste:RoadmapforaSustainableFuture2Copyright©2024Kearney&ConfederationofIndianIndustry(CII).Allrightsreserved.Withoutlimitingtherightsunderthecopyrightreserved,thispublicationoranypartofitmaynotbetranslated,reproduced,stored,transmittedinanyform(electronic,mechanical,photocopying,audiorecordingorotherwise)orcirculatedinanybindingorcoverotherthanthecoverinwhichitiscurrentlypub-lished,withoutthepriorwrittenpermissionofCIIandKearney.Allinformation,ideas,views,opinions,estimates,advice,suggestions,recommendations(hereinafter‘content’)inthispublicationshouldnotbeunderstoodasprofessionaladviceinanymannerorinterpretedaspolicies,objectives,opinionsorsuggestionsofCIIandKearney.Readersareadvisedtousetheirdiscretionandseekprofessionaladvicebeforetakinganyactionordecision,basedonthecontentsofthispublication.ThecontentinthispublicationhasbeenobtainedorderivedfromsourcesbelievedbyCIIandKearneytobereliablebutCIIandKearneydonotrepresentthisinformationtobeaccurateorcomplete.CIIandKearneydonotassumeanyresponsibilityanddisclaimanyliabilityforanyloss,damages,causedduetoanyreasonwhatsoever,towardsanyperson(naturalorlegal)whousesthispublication.Thispublicationcannotbesoldforconsideration,withinoroutsideIndia,withoutexpresswrittenpermissionofCIIandKearney.Violationofthisconditionofsalewillleadtocriminalandcivilprosecution.DevelopedbyA.T.KearneyConsulting(India)PrivateLimited19thFloor,TowerC,Building10,CyberCity,Gurugram122002India+911244090700(office)+911244069725(fax)Email:nilanjana.rajkhowa@kearney.comWeb:www.kearney.comPublishedbyConfederationofIndianIndustry(CII),TheMantoshSondhiCentre;23,InstitutionalArea,LodiRoad,NewDelhi110003,India,T:911145771000/24629994-7Email:info@cii.in;Web:www.cii.in3Forewords7ExecutiveSummary9TheRoleofPlastics:BalancingNecessityandImpact11PrioritizingRecyclingEfforts15ScalingPlasticsCircularity27ActionAgendaforStakeholders28ConclusionContentsSolvingPlasticWaste:RoadmapforaSustainableFuture3SolvingPlasticWaste:RoadmapforaSustainableFuture4ForewordAswenavigatethecomplexitiesofmodernlife,plasticsremainacornerstoneofindustrialandconsumerapplications,showcasingunparalleledversatilityandcost-effectiveness.Theirbenefitsareindisputable,rangingfromimprovinghealthcareoutcomestoenhancingtransportationefficiency.However,thisubiquityhasbroughtforthsignificantenvironmental,economic,andsocietalchallengesthatcannotbeignored.Intoday'sworld,thechallengeofplasticwastemanagementhasemergedasacriticalissueimpactingourenvironment,economies,andsocieties.Thiswhitepaper,"SolvingPlasticWaste:RoadmapforaSustainableFuture,"addressestheurgentneedforstrategiestotacklethegrowingmenaceofplasticpollution.Italsoservesasacomprehensiveguidetounderstandingthelifecycleofplasticsandthecriticalstepsrequiredtotransitiontowardacirculareconomy.Thejourneytowardsasustainablefutureiscomplexandchallenging,butitisonewemustembarkuponwithdeterminationandcollaboration.Indiahasthepotentialtosetaglobalbenchmarkinsustainableplasticwastemanagement.Byadoptingthecomprehensivestrategiesoutlinedinthisdocument,wecanleadthewaytowardacirculareconomythatbalancesthenecessityofplasticswithourenvironmentalresponsibilities.ConfederationofIndianIndustry(CII)recognizesthepivotalrolewemustplayinleadingthetransitiontowardssustainablepracticesandpromotingacirculareconom...
