Material Recycling Association of India successfully concluded its Asia’s biggest Recycling Business Summit 2021 at Taj Resorts & Convention Centre in Goa.
The inaugural event was chaired by the esteemed dignitaries including Shri Sudhir Kumar, Adviser, NITI Aayog, Dr. Sandip Chatterjee, Director; Scientist F, Ministry of Electronics and Information Technology, GOI; Dr. Anupam Agnihotri, Director, JNARDDC; Shri Sachin Shah, Fund Portfolio Manager, Emkay Investment Managers Ltd.
Mr.Sanjay Mehta, President of Material Recycling Association of India in his welcome address urged the recyclers in India to come together in the face arm twisting tactics applied by primary producers in pushing for BIS standards to put a curb on scrap imports. Mehta added that MRAI is holding series of discussions with the concerned authorities to paint a clear picture.
Mr. Sudhir Kumar in his special address assured that BIS standards will not be unfair to the industry players and urged recyclers not to shy away from developing them.
Dr Sandeep Chatterjee stressed the point that recycling is not an option but a necessity.
Mr. Dhawal Shah, Sr VP, MRAI also raised the environmental concern against the primary producers’ import of coal and red mud pollution are also impacting the environment and natural resources while the recycling industry is saving natural resources and energy costs.
Earlier in the day, a session was held on ‘MRA for Secondary Aluminium Industry’ on the sidelines of the summit. Secondary producers voiced their concerns about the upcoming standardization for scrap before the representatives of the Material Recycling Authority (MRA).
Jawaharlal Nehru Aluminium Research Development & Design Centre (JNARDC), Nagpur has been appointed as MRA for developing quality standards for material recycling.
Shri Mohan Agarwal, Director MRAI discussed the key challenges and suggestions to the MRA from the recycling industry. He said they have appeal to the government that they should consider not stopping raw material flow by curbing the import of scrap. Metal consumption is an important element of India’s growth story. Due to the non-availability of specializing grades into the domestic market, India imports special grades of aluminum which is mostly used in the Automobile Industry.
He further added that curbing imports will lead to challenges ahead of secondary manufacturers who are turning the wheels of circular economy in line with the Paris Pact.”
The members of MRAI appealed to the MRA dignitaries – Mr. Anupan Agnihotri & RN Chauhan- to consider and propagate the industry message to concerned authorities.
Mr. Sanjay Mehta, President of MRAI remarked, “We are happy to comply with the norms set. We are bringing metal to India with our imports. It is adding value to the Indian economy in a significant manner.”
In the E-waste recycling players has expressed cause of concern about the 20 percent capacity utilization which is hampering the E-WasteIndustry despite India is the 3 rd largest e-waste generation country. During the session. ALN Rao, CFO, Exigo and BK Soni MD, Eco Recycling, Ekta Narain, Pooja Rajput, Kiran Panchal, Amrendra Kumar all are associated with E-Waste industry has also attracted the Government attention on GST on purchase of E-waste is 5% and the GSTon finished goods sold by the recyclers is 18%. Hence, most kabadiwala buy at 5% and sell the finished goods for cash. This is heavily impacting on the Revenue loss to the exchequer due to this GST rate law. Therefore, organized recyclers find it difficult to sell the downstream materials at a better rate.
Besides, MRAI Plastic Recycling Session also highlighted the proposed BIS standards being imposed on Non-Prime Scrap Material with effect from 15th October 2021. Such imposition will have an adverse impact on 75000 MT export of plastic market and 5000 MSME Plastic Recycling units which provide the huge employment to rack pickers and more women from the weaker section of the society as highlighted by Prabhjot Sodhi, Sr Director, Centre for Environment Education.