For more information:
Uwe Becker, Project Director
+91 11 4949 5353 x1155
Or visit the project website:
Helping to promote resource efficiency in industries nationwide, with tangible benefits for both the economy and the environment.
With economic growth averaging 7% over the last two decades and ever-closer integration into world markets, India is now the world’s 7th largest economy and shows no sign of slowing down. Growth means more people in higher paying jobs with aspirations, standards of living and consumption patterns that were unimaginable just 20 years ago.
Indian industry is expected to be the world’s 3rd largest consumer of raw materials by 2020, accounting for 13% of global consumption. While aspirations are infinite, raw materials and natural resources are not. To limit the environmental
as well as the economic cost, India’s industries must find ways to produce goods more efficiently with fewer raw materials, and to re-use materials wherever possible. ‘Fostering Resource Efficiency and Sustainable Management of Secondary Raw Materials’ is working with Indian companies as well as the government. It focuses on the construction and automotive sectors, identifying opportunities for reducing resource inputs, re-using or recycling waste, and minimizing environmental impact.
The sector focus enables project partners to drill down to detailed analysis of resource demand, usage and material flows, and to carry out pilot projects to demonstrate the cost savings, and thus increased profitability, that can be achieved
through resource efficiency. Factory floor interventions are complemented by actions at policy level. One major project success is the launch of the Indian Resource Panel under the Ministry of Environment, Forest and Climate Change. The Panel will submit to the Government recommendations for developing a policy framework to improve resource efficiency and management of secondary raw materials.
The project’s policy interventions will amplify the effect of the pilot projects, helping spread and incentivize uptake of resource efficient approaches nationwide and across all sectors, leading to tangible benefits for both the economy and the environment.