| Title | An Assessment of Drivers and Barriers to Implementation of Circular Economy in the End-of-Life Vehicle Recycling Sector in India |
|---|---|
| ID_Doc | 4793 |
| Authors | Molla, AH; Shams, H; Harun, Z; Ab Rahman, MN; Hishamuddin, H |
| Title | An Assessment of Drivers and Barriers to Implementation of Circular Economy in the End-of-Life Vehicle Recycling Sector in India |
| Year | 2022 |
| Published | Sustainability, 14, 20 |
| Abstract | The circular economy (CE) has been frequently in the news recently, as it offers a regenerative system that substitutes the end-of-life concept with restoration. Despite several benefits yielded by the CE from a triple-bottom-line perspective, India's end-of-life vehicle (ELV) recycling sector is striving against numerous impediments to implementing the CE approach. Therefore, this paper attempts to shine a spotlight on India's ELV recycling sector, to identify the potential drivers and barriers to CE implementation. This study has employed an explorative approach to determine the impediments and drivers regarding implementing CE in India's ELV recycling sector. This research reveals that economic viability (25 percent), environmental degradation (17 percent), and global agenda (15 percent) are the three leading primary drivers. In contrast, limited technology (18 percent), financial constraints (15 percent), and a lack of knowledge and expertise (12 percent) are significant barriers that thwart CE implementation in India's ELV recycling sector. This paper has made the first attempt to explore the drivers and barriers to implementing CE in the ELV recycling sector in India. Therefore, besides advancing our understanding of opportunities for and threats to implementing CE, this investigation may assist the Indian authorities in devising appropriate policies and strategies and developing a regulatory and legal framework that is conducive to CE and sustainability. |
| https://www.mdpi.com/2071-1050/14/20/13084/pdf?version=1665712604 |
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