By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Matlabi NewsMatlabi NewsMatlabi News
  • Entertainment
    • Blasting OTT
    • Movie mania
    • Cricket Dhamaka
    • Trending gossip
    • TV Drama Fun
    • Weekend fun
    Entertainment
    From Bollywood to Movie updates all Entertainment news at your fingertips here.
    Show More
    Top News
    Pradeep Ranganathan
    Pradeep Ranganathan Age, Movie, Salary, Relationships and More 2025
    16 March 2025
    Top 10 Ullu New Web Series list
    Top 10 Ullu Web Series list
    7 September 2024
    IPL Champions League winners list of all time
    23 June 2024
    Latest News
    Our Favourite 90s Indian Child Actors Then and Now List in 2025
    7 August 2025
    Top 5 Alia Bhatt Movies Show She is Better Than Other Nepo Kids!
    6 August 2025
    6 Actors Bollywood Keeps Forcing on Us But We’re Not Buying It.
    5 August 2025
    Aditi Budhathoki Age, Height, Biography, Shows, Husband, Net Worth & More Info 2025
    4 August 2025
  • Travel
    Travel
    And then there is the most dangerous risk of all — the risk of spending your life not doing what you want on the bet…
    Show More
    Top News
    travel
    6 Short trips from Delhi. 5th one is best!! 
    19 May 2024
    Water Activities
    5 Best Water Activities To Do in Summers of 2025
    9 June 2025
    Nargis Fakhri Sister was arrested by the American police. Know Everything 2024
    3 December 2024
    Latest News
    Top 10 Rakhi Gifts for Sister this Rakshabandhan 2025
    23 July 2025
    What is Labubu Doll? Price, Colours, Surprise Doll and More Info 2025
    15 July 2025
    How to make Rakhi at Home: Easy and Beautiful for Brothers 2025
    14 July 2025
    Dhirubhai Ambani International School Fees Structure, Teachers and More Info 2025
    17 June 2025
  • Fashion
    Fashion
    Celeb fashion to complete style guides and essentials all for you at your finger tips
    Show More
    Top News
    matlabinews
    Golden Icon Gears Up for Asia’s Most Prestigious Awards Night
    27 February 2025
    matlabinews
    Jubilant Biosys Limited Seals Deal with Pierre Fabre SA
    27 February 2025
    matlabinews
    Thiru. MA. Subramanian, Hon’ble Minister for Health and Family Welfare, Government of Tamil Nadu Addresses the Yoga National Conclave – 2025
    27 February 2025
    Latest News
    How to make Rakhi at Home: Easy and Beautiful for Brothers 2025
    14 July 2025
    Top 10 Luxury Watch Brands One Can Own this Year to Look Stylish and Chic
    5 June 2025
    Top 5 Fashion Trends to Try This Monsoon 2025
    4 June 2025
    Best Perfume Brand Used By Famous Indian Celebrities 2025
    3 June 2025
  • Health
    Health
    The human body has been designed to resist an infinite number of changes and attacks brought about by its environment. The secret of good health…
    Show More
    Top News
    matlabinews
    Jubilant Biosys Limited Seals Deal with Pierre Fabre SA
    27 February 2025
    5 Best and Effective Foods to reduce joint pain
    10 May 2024
    matlabinews
    Thiru. MA. Subramanian, Hon’ble Minister for Health and Family Welfare, Government of Tamil Nadu Addresses the Yoga National Conclave – 2025
    27 February 2025
    Latest News
    Yasmin Karachiwala Age, Biography, Family, Net Worth and More Info 2025
    19 July 2025
    The Panchayat Fame Asif Khan Suffers from Heart Attack in 2025. Know all about him
    16 July 2025
    Top 5 Food Bloggers in India You Must Follow in 2025
    5 July 2025
    Salman Khan’s Hidden Battle: Brain Aneurysm & AVM—The Untold Story
    24 June 2025
  • Business
    • Finance and Investing
    BusinessShow More
    matlabinews
    Lakme Academy Powered by Aptech Partnered as the Official Beauty Education Partner of Miss Universe India 2025
    21 August 2025
    matlabinews
    Singapore’s Most Experiential Indoor Attraction, Museum of Ice Cream, Offers Unlimited Ice Cream in Up to 19 Flavours and Multi-Sensory Fun for All Ages
    21 August 2025
    matlabinews
    ACE Group Achieves Landmark Sales Worth Rs. 5,000 Crore on Yamuna Expressway
    21 August 2025
    matlabinews
    Vingroup Awarded First-Class Labor Order for Outstanding Achievements in Developing the National Exhibition Fair Center
    21 August 2025
    matlabinews
    Sri Ramakrishna Hospital’s Gynecology Experts Urges Middle-aged Women to Prioritise Gynaecological Checkups for Early Detection of Hidden Health Risks
    21 August 2025
  • Bookmarks
  • Contact Us
Search
© 2024 Matlabi News All Rights Reserved.
Reading: MRAI’s 12th IMRC and Union Budget 2025 Set the Course for India’s Sustainable Recycling Leadership
Share
Notification Show More
Font ResizerAa
Matlabi NewsMatlabi News
Font ResizerAa
  • Entertainment
  • Travel
  • Fashion
  • Health
  • Business
  • Bookmarks
  • Contact Us
Search
  • Entertainment
    • Blasting OTT
    • Movie mania
    • Cricket Dhamaka
    • Trending gossip
    • TV Drama Fun
    • Weekend fun
  • Travel
  • Fashion
  • Health
  • Business
    • Finance and Investing
  • Bookmarks
  • Contact Us
Follow US
© 2024 Matlabi News All Rights Reserved.
EntertainmentBusinessFashionTechnology

MRAI’s 12th IMRC and Union Budget 2025 Set the Course for India’s Sustainable Recycling Leadership

matlabinews.com
Last updated: 25 February 2025 22:46
matlabinews.com - Thoughtful Word Crafter
Share
10 Min Read
matlabinews
matlabinews.com
SHARE

The 12th International Material Recycling Conference (IMRC), held from January 28 to 30, 2025, at the Novotel Jaipur Convention Centre, emerged as a critical forum for industry leaders, policymakers, and global stakeholders to address the challenges and opportunities in India’s recycling sector. Organized by the Material Recycling Association of India (MRAI), the event strengthened India’s dedication to a circular economy and sustainable resource management.

Naresh Pal Gangwar, Additional Secretary, MoEFCC at the event, with Sanjay Mehta, MRAI President, Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel, GOI, & other dignitaries

A Call for Pro-Planet Living

Setting an inspiring tone for the event, Sanjay Mehta, President of MRAI, aligned the conference with Hon. Prime Minister Shri Narendra Modi’s Mission LiFE. He emphasized, “LiFE is about becoming ‘Pro-Planet People.’ Changing the world begins with changing ourselves. Recycling, when done thoughtfully, can reduce the strain on nature. We must start at home, in offices, and in factories by practicing proper segregation.”

Reflecting on the conference’s impact, Amar Singh, Secretary General of MRAI, added, “Transformative ideas and actionable insights have emerged here. Our resolve for sustainable resource management has grown stronger.”

Government’s Support for Recycling Industry Growth

Speaking at the conference, Naresh Pal Gangwar, Additional Secretary, MoEFCC, outlined the government’s roadmap for sustainability and resource efficiency, stating, “Achieving India’s vision of becoming a developed nation by 2040 requires manifold growth in GDP, increased consumption, and efficient management of material resources.”

Supporting this view, Vinod Kumar Tripathi, Joint Secretary, Ministry of Steel, reaffirmed the need to improve the recycling ecosystem. He stated, “By strengthening our recycling infrastructure, supporting education and awareness campaigns, and encouraging industries to adopt circular economic principles, we can build a thriving, sustainable future for all.”

Industry Leaders and Global Perspectives

The conference featured key insights from global experts:

  • Major General K. Narayanan, Program Director, Niti Aayog, highlighted the role of innovation and collaboration in maximizing India’s recycling potential.

    matlabinews
    Lakme Academy Powered by Aptech Partnered as the Official Beauty Education Partner of Miss Universe India 2025
  • Dr. Soumya Gurjar, Hon. Mayor of Jaipur, stressed the need for greater participation of women entrepreneurs in the recycling sector and praised Prof. Bineesha P., Advisor at MRAI, for her contributions.

  • Robin Wiener, President of ReMA, lauded MRAI’s advocacy efforts, while Arnaud Brunet, Director General of BIR, and Susie Burrage OBE, President of BIR, shared perspectives on the challenges posed by evolving EU regulations on shipping.

‘Recycling India’ – A National Initiative

Dhawal Shah, Senior Vice President of MRAI, called for a national campaign-Recycling India-to raise awareness and open doors to new opportunities in the sector. “Our vision is to see India emerge as a global leader in sustainable resource management,” he stated.

Zain Nathani, Vice President of MRAI, reinforced the industry’s role in India’s carbon emission and steel production goals, advocating for greater support of the Vehicle Scrappage Policy and the promotion of recyclable materials.

With 2,500 delegates, 400 foreign participants, 200 exhibitors, and representatives from over 50 countries, the 12th IMRC marked a defining moment in India’s sustainable recycling journey.

Vinod Kumar Tripathi, Joint Secretary, MOS, GOI; & Major General K.Narayanan, Program Director, NITI Aayog; honored at the 12th IMRC with MRAI’s Board of Directors & Secretary General

Government Approves Zero Duty on Non-Ferrous Scrap: A Game-Changer for Recycling

In a landmark decision, the Government of India has reduced the basic customs duty on non-ferrous scrap to zero percent, marking a major breakthrough for the recycling industry. The duty exemption applies to key materials such as Lead, Zinc, Copper, Brass, and Lithium-Ion Battery Scrap, providing a boost to India’s circular economy and sustainable manufacturing sector.

MRAI’s Advocacy Paves the Way for Policy Reforms

Sanjay Mehta, President of MRAI, expressed his gratitude for the government’s progressive decision, stating, “MRAI has consistently engaged with stakeholders and government bodies to bring about such transformative reforms. The duty-free non-ferrous scrap marks a critical advancement for the recycling industry.”

matlabinews
Singapore’s Most Experiential Indoor Attraction, Museum of Ice Cream, Offers Unlimited Ice Cream in Up to 19 Flavours and Multi-Sensory Fun for All Ages

He further noted MRAI’s ongoing efforts to reduce duties on aluminium scrap, aligning India’s policies with global standards.

Union Budget 2025: Boosting India’s Recycling Industry

The Union Budget 2025, presented by Smt. Nirmala Sitharaman, Minister of Finance & Corporate Affairs, stressed the importance of exports and imports as key drivers of economic growth. The reduction in non-ferrous scrap duties is a strategic move to enhance manufacturing competitiveness and facilitate access to affordable raw materials. The decision aligns with India’s broader vision of Viksit Bharat, accelerating growth and strengthening the recycling sector as a key contributor to a resource-efficient economy.

Projected Growth and Sustainability Mandates

The Indian recycled metal market, which generated USD 28.9 million in 2023, is projected to reach USD 38.0 million by 2030, growing at a CAGR of 4% from 2024 to 2030. The zero-duty policy is expected to lower operational costs and encourage greater recycling activities, reinforcing India’s circular economy.

A significant step toward sustainable manufacturing, the budget introduces zero import duty on non-ferrous metal scrap, including lead, zinc, copper, cobalt powder, lithium-ion battery scrap, and 11 other critical minerals. The measure is set to transform India’s recycling sector, reducing production expenses while strengthening the country’s position in global markets.

Additionally, the government has mandated a minimum of 5% recycled content in all new non-ferrous metal products from FY 2028, with targets set for 10% recycled aluminium, 20% copper, and 25% zinc by FY31. These measures are designed to reduce industrial waste, enhance resource utilization, and support long-term environmental objectives.

MRAI’s Call for Further Reforms

In continuation of these efforts, MRAI has urged the government to remove Basic Customs Duty (BCD) on all grades of aluminium scraps, Cupro Nickel & Nickel containing Brass, and Zinc dross scrap under HS code 26201910. With aluminium recycling alone cutting energy consumption by over 95%, such measures would significantly reduce emissions and support India’s environmental objectives. The budget’s provisions are set to accelerate the recycling sector’s expansion.

MRAI’s Continued Engagement with Policymakers

Amar Singh, Secretary General of MRAI, highlighted the association’s role in shaping policy, “In aluminium, we have achieved what we set out to do, ensuring that scrap is imported based on its specification. On the policy front, JNARDDC has been authorized as a metal recycling authority by the Ministry of Mines, marking a significant step in policy-driven change.”

matlabinews
ACE Group Achieves Landmark Sales Worth Rs. 5,000 Crore on Yamuna Expressway

Tax Reforms and Mission LiFE

The Material Recycling Association of India (MRAI) welcomed the tax policy updates of 2024, including the implementation of the Reverse Charge Mechanism (RCM) under GST and the introduction of a 2% Tax Deducted at Source (TDS) on non-ferrous scrap purchases. These reforms enhance compliance, increase transparency, and streamline operations in the recycling sector.

Speaking at MRAI’s 12th IMRC in Jaipur, Naveen Sharma, Vice President of MRAI, urged the government to extend RCM to e-waste and battery waste, covering chapters 83, 84, and 85, which will advance formal sector participation.

Calling attention to the economic potential, Dhawal Shah, Senior Vice President of MRAI, noted, “The Indian non-ferrous metal industry is currently valued at $18 billion and is projected to reach $30 billion in the next five years. Renewable energy, automotive, and packaging sectors offer immense growth potential.”

A Collective Step Toward a Greener Future

MRAI extends its deep appreciation to the Government of India, under the leadership of Prime Minister Shri Narendra Modi, for supporting the recycling sector. The removal of import duties on non-ferrous scrap marks a watershed moment, positioning India as a leader in sustainable metal recycling. This move, backed by key ministries, is expected to reduce production costs, drive the adoption of recycled materials, and enhance India’s global competitiveness in green manufacturing.

Shri H. D. Kumaraswamy, Minister of Steel; Shri G. Kishan Reddy, Minister of Mines; Smt. Nirmala Sitharaman, Minister of Corporate Affairs; and Shri Piyush Goyal, Minister of Environment, Forest, and Climate Change, have played pivotal roles in defining this progressive policy.

With this pivotal policy move, the nation accelerates its transition toward a cleaner and more sustainable future.

Our Favourite 90s Indian Child Actors Then and Now List in 2025
Lakme Academy Powered by Aptech Partnered as the Official Beauty Education Partner of Miss Universe India 2025
Singapore’s Most Experiential Indoor Attraction, Museum of Ice Cream, Offers Unlimited Ice Cream in Up to 19 Flavours and Multi-Sensory Fun for All Ages
ACE Group Achieves Landmark Sales Worth Rs. 5,000 Crore on Yamuna Expressway
Vingroup Awarded First-Class Labor Order for Outstanding Achievements in Developing the National Exhibition Fair Center
Share This Article
Facebook Copy Link Print
Bymatlabinews.com
Thoughtful Word Crafter
Follow:
MatlabiNews.com is your go-to destination for the latest updates and insights across entertainment, fashion, business, and technology. We bring engaging and informative content to keep you updated on trends, news, and stories that matter.Our mission is to provide reliable, fresh, and exciting articles that cater to a diverse audience. Whether you're looking for the latest tech innovations, fashion updates, business strategies, or entertainment buzz, we've got you covered!Stay informed, stay entertained—only on MatlabiNews.com! 🚀✨
Previous Article Crime Beat Web Series Review Crime Beat Web Series Review, Release Date, Cast and more updates 2025
Next Article matlabinews SATYA MicroCapital Ltd. Re-appoints Former Executive Director, RBI – Ms. Surekha Marandi as Independent Director
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

matlabinews
Sri Ramakrishna Hospital’s Gynecology Experts Urges Middle-aged Women to Prioritise Gynaecological Checkups for Early Detection of Hidden Health Risks
Business Technology
21 August 2025
Alia Bhatt Movies
Top 5 Alia Bhatt Movies Show She is Better Than Other Nepo Kids!
Movie mania Blasting OTT Entertainment
20 August 2025
matlabinews
Glow by Kirtilals Dazzles with the Grand Opening of its New Showrooms at 4th Block, Jayanagar
Business Technology
20 August 2025
matlabinews
Chandigarh University Commemorates 75 Years of India-Nepal Close Friendship & Shared Cultural Ties with the Launch of Indo-Nepal Maitri Scholarship
Business Technology
20 August 2025
matlabinews
Students as Leaders: Oakridge’s Quiet Revolution
Business Technology
20 August 2025
matlabinews
Empowering Vision India 2050 – Financial Literacy is the Cornerstone for India’s Economic Leap
Business Technology
20 August 2025
matlabinews
Students from Amity Group of Schools Represent India at NASA’s Kennedy Space Centre for Global Space Design Challenge
Business Technology
20 August 2025

You Might also Like

Bollywood Actors
Movie maniaEntertainmentTrending gossip

6 Actors Bollywood Keeps Forcing on Us But We’re Not Buying It.

19 August 2025
Aditi Budhathoki
biographyEntertainmentTV Drama Fun

Aditi Budhathoki Age, Height, Biography, Shows, Husband, Net Worth & More Info 2025

18 August 2025
matlabinews
BusinessTechnology

Entrepreneur Prof. Klaus Fischer’s 75th Birthday

17 August 2025
matlabinews
BusinessTechnology

Advancing Knee Replacement: Dr Chintan Hegde performs India’s First Knee Replacement Surgery with Evolution NitrX™ Medial-Pivot Knee System

17 August 2025
Previous Next
//

Matlabi News: Decoding the latest trends, from red carpets to real life all at your finger tips

Quick Link

  • Contact Us
  • Privacy Policy
  • About Us
  • Disclaimer
  • Advertise

Top Categories

  • Entertainment
  • Fashion
  • Travel
  • Health
  • Self Help

Sign Up for Our Newsletter

Matlabi NewsMatlabi News
Follow US
© 2025 Matlabi News. All Rights Reserved.
AdBlocker DetectedPlease allow ads on our site

Oops! It seems like you're using an ad blocker.

Ads help keep our content free, so we appreciate your support by allowing ads on our site.

Close
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?