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India and the European Union reaffirm commitment to strengthening cooperation in sustainable ship recycling
India and the European Union have reaffirmed their commitment to strengthening cooperation in sustainable ship recycling, with both sides expressing confidence over the progress made in facilitating the inclusion of Indian ship recycling facilities under the European Union Ship Recycling Regulation (EUSRR). During recent discussions between Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal and European Commissioner for Environment, Water Resilience and a Competitive Circular Economy Jessika Roswall, the two sides reviewed the ongoing audit and compliance process for Indian ship recycling yards seeking recognition under the EU regulatory framework.
India aims to recycle 16,000 ships in next decade: Union Minister Sonowal
India is set to recycle approximately 16,000 ships in the coming decade, backed by an $8 billion financial commitment. Over 30 Indian ship recycling yards are seeking EU recognition, with several already progressing through compliance. This initiative aims to significantly boost India's contribution to the global circular economy, building on its recent substantial growth in ship recycling volume.
Tata Motors, Castrol India partner to build circular economy for used engine oil
Tata Motors and Castrol India will pilot a used engine oil collection and recycling programme in Karnataka. The companies aim to build a scalable circular economy model for lubricants through a traceable recycling ecosystem.
What gold leasing is and how it aims to unlock India’s idle bullion
India explores gold leasing, letting owners lend idle gold to jewellers for returns, aiming to cut imports, lower jeweller costs, and build a regulated circular gold economy.
IIT Madras develops indigenous pilot plant to process 100 tonnes of eWaste per year
IIT Madras researchers have created a pilot plant in Tiruchirapalli. This facility can process 100 tonnes of electronic waste annually. It focuses on bare printed circuit boards, recovering valuable metals like copper, lead, and tin. The innovative process uses a single acid, ensuring zero discharge. This technology aligns with 'Make in India' and circular economy goals.
Jain Irrigation commissions 20,000 tonne biochar unit in Maharashtra's Jalgaon
The climate-smart project supports a farm-to-soil circular economy, where agricultural residue is converted into biochar and returned to the farmland. Shares of Jain Irrigation Systems Ltd ended at ₹29, down by ₹0.51, or 1.73%, on the BSE today, June 3.
Jindal Stainless receives Zero Waste to Landfill certification for its Hisar plant
During the reporting period from FY 2024-25, the facility achieved an exceptional waste diversion rate of 99.99%, ensuring that nearly all waste generated was effectively recycled, reused, or recovered, with negligible quantities directed to landfill. The assessment, conducted as per mass balance methodology, acknowledges the unit's strong alignment with circular economy principles and its ongoing commitment to responsible industrial operations.
India, EU pitch for joint initiative to strengthen EV battery recycling
India and the European Union have launched a new initiative to recycle electric vehicle batteries. This joint effort aims to secure raw materials and promote a circular economy. A funding pool of 15.2 million euro will support advanced recycling technologies and pilot projects in India. The program will bring together researchers, industries, and startups to develop innovative solutions.