An Overview of Indian Recycling Industry
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Amisy not only provides you quality metal recycling machine like radiator recycling, but also news about metal recycling in each country. Now come to know metal recycling situation in India.

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An Overview of Indian Recycling Industry

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An overview of indian recycling industry

An Overview of Indian Recycling Industry

Metal recycling is one of the neglected metals sectors in India. The metals recycling business

suffers from government apathy and to some extent, even a lack of awareness on part of the

various participants within the metals ecosystem. How else can one explain that India’s recycling

rate is just about 25%, putting it at the bottom of the global list of recycling nations. In the US

metals are recycled at a rate of 90%.

Slowly, though, realization is creeping in that recycling metal scrap is a must in the modern world

since the nation’s carbon footprint reduction has become imperative.

The new Modi government in India is seen as proactive one has compelled the Metal Recycling

Association of India (MRAI), a representative trade body,

to ask the federal government to

frame and implement a Metal Recycling Policy and accord it “industry status.” This was also the

underlying purpose of the recently-held “2015 Metal Recycling Association of India International

Conference

held in Mumbai.

This is the outline of what the attendees thought the Indian Government should boost scrap

recycling: Remove the basic import duty of 5% on steel scrap, give it industry status, subsidize

lending rates, allow Foreign Direct Investment and increase financing facilities.

A Frost & Sullivan report on ‘Metals and Minerals Practice’ presented on the Indian metal

recycling industry at the MRAI’s international conference, said the sector was currently at a

nascent stage, highly unorganized and large volumes of unaccountable/non-segregated scrap are

“inadequately utilized.” As a result, it said, there is more burden on primary production which is

depleting India’s natural resources.

Due to recent government policy announcements, the Indian recycling industry got a much-needed

wakeup call to convert large amounts of recycled metal scrap into secondary raw material. The


An overview of indian recycling industry

report said India should actively promote organized scrap recycling clusters like developed

countries, thus enabling it to conserve its natural resources and key utilities and import some

advanced recycling machines like copper cable granulator, metal crusher machine, etc.

Take, for example, India’s burgeoning automobile market and how the recycling sector could

benefit and add value to the economy. According to Mohan Agarwal of the Century Metal

Recycling Pvt. Ltd, India has risen to become the seventh-largest automaker globally and the

second-largest producer of two-wheeled motor vehicles (scooters and motorcycles). With this kind

of industry growth, and the motor vehicle industry as a major customer, Century Metal Recycling

had grew, in a mere nine years, to operate seven secondary aluminum and zinc alloy plants in

India with a combined 225,000 metric tons of annual capacity.

That showed the inherent potential that the metals recycling sector held in India, extending across

industries such as aluminum, stainless steel and even lead-acid batteries. Stainless steel factories

in India, for example, use 53% scrap as feedstock, compared to 76% in the United States. All this

could change if the government ushers in reforms in this sector. That is the overwhelming opinion

of the players


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