He has more than 34 years of industry experience, spanning various aspects of packaging technology from pre-press to high-end conversion to designing flexible packaging materials for circularity. In this interview with Saurabh Kumar, he emphasises the importance of building a circular packaging economy
UFlex is a pioneer in plastic circularity. How has the sustainable packaging ecosystem evolved in India and globally over the decades?
Sustainability is not just a talking point in packaging anymore, but it has become an essential part of the industry DNA. For years, the packaging industry has led innovation, developing more sustainable materials and technologies for effectively recycling difficult-torecycle plastics.
How enabling are the policies and laws?
There are regulations in place in most countries to address the issue. In India, we are in the middle of implementing Extended Producer Responsibility (EPR) based on a cardinal principle: every polluter must collect waste. This covers producers, importers, brand owners of plastic packaging material, and plastic waste processors.
This mechanism is centralised via a portal where inputs and outputs are balanced, similar to GST. It's an effective system that prevents potential tampering or deception. This well-designed EPR obligates all stakeholders to reuse, recycle, reduce the use of virgin material, and provide end-of-life to balance material. In India, we have gone beyond discussing the removal of plastic waste from the environment to defining mechanisms for addressing the collected waste and outlining the associated obligations. It is also an economic model, which promotes the development of recycling infrastructure and rewards recyclers by awarding them tradable certificates. Being market-driven, it speeds up policy implementation.
هذه القصة مأخوذة من طبعة February 2024 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 2024 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
HOW INDUSTRY LEADERS ARE SHAPING THE PATH TO 'VIKSIT BHARAT 2047'?
As India strives to achieve its ambitious goals under the Viksit Bharat 2047 initiatives, the vision and guidance of industry leaders are essential in navigating the path to economic growth, social progress, and sustainable development. Bringing you industry leaders who are playing a transformative role in shaping the path to Viksit Bharat by 2047.
ACHIEVING VIKSIT BHARAT 2047: ASM GROUP'S ROLE IN EDUCATIONAL TRANSFORMATION
India's vision of Viksit Bharat by 2047 aims to position the nation as a global powerhouse of knowledge, innovation, and economic prosperity.
UNITEDWORLD GROUP OF INSTITUTIONS: SHAPING YOUTH FOR FUTURE SUCCESS
Dr. Himanshu Sharma, the Founder-Director of Unitedworld Group of Institutions, stands as one of the most influential leaders in India's educational landscape. Under his leadership, Unitedworld Institute of Design (UID) has risen to the forefront of academic excellence, defining the future of education by integrating research, innovation, and experiential learning. His vision is simple yet profound: to shape India's youth in a way that enables them to thrive in a rapidly changing global world.
FROM MILITARY TO AN EDUCATOR: THE INSPIRING JOURNEY OF DR. CDR KARTIKAY SAINI
Dr. Cdr Kartikay Saini isn't just a leader; he's a catalyst for change, a visionary who transforms dreams into reality. With over three decades of diverse experience in the military, corporate world, and education, Dr. Saini has left an indelible mark on numerous fields.
How to Remove the Gender Gap
With an impressive tally of 1.59 lakh start-ups, India currently has the world's third-largest start-up ecosystem.
ATHARVA GROUP OF INSTITUTES: EMPOWERING INDIA'S FUTURE THROUGH TRANSFORMATIVE EDUCATION
In the vibrant landscape of Mumbai's educational ecosystem, Atharva Group founded in 1998 by Mr. Sunil Rane, a visionary educationist, stands as a 'perfect epitome' of transformative learning.
Electric Take-off
Automakers are sharpening their competitive edge to take each other on in a contest that will shape the electric car market in the country
AI as an Ally to Women at Work
When I embarked on my Microsoft journey 24 years ago, technology was already a game changer, bringing more women into the workforce and leadership roles, especially in India.
A Return to Stability
Union expenditure secretary Manoj Govil speaks to Parth Singh about the modest capex increase in this year's Budget and the role private players now must play. Edited excerpts:
Shop Floor Gets a Makeover
Growing automation and ESG guidelines are two reasons why more women are offered jobs in manufacturing that were earlier strictly male
