SIAM Organises International Conference on Sustainable Circularity

Aiming to create a pathway to a Circular Economy in India, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body on Monday organised the International Conference on Sustainable Circularity in association with European Union: Resource Efficiency Initiative (EU-REI), themed “Recycling in Indian Mobility Context”.

The conference witnessed participants discussing the way forward for achieving affordable sustainability aligned with policy changes and the future of RVSFs and ELV recycling in the Indian context. The inaugural session was themed “Recycling of Vehicle scrappage: A panacea for several ills”.

Rajesh Menon, Director General, SIAM, said: “Sustainable circularity is extremely important considering the size of the Indian market. From a sales point of view, India is ranked the third-largest economy for passenger vehicles. Decarbonisation, stringent regulations and technical norms for environmental protection, sustainable goals, fuel efficiency, and sustainable mobility are all aspects SIAM is looking forward to achieving.”

Also Read: Honda Amaze Diesel Discontinued in India Ahead of New RDE Norms, Details Inside

In the opening remarks, Vinod Aggarwal, President of, SIAM said: “Developing a circular economy and adapting alternative low-emission fuels are the other two verticals of sustainability. The practice of recycling vehicles is expanding rapidly, and it’s anticipated that 2 crore vehicles would be recycled by 2025, furthering Aatmanirbhar Bharat’s recycling objectives. This will not only promote employment growth but also optimise workers’ health and safety.”

Chief Guest, Arun Kumar Mishra, Chairperson of, the National Human Rights Commission unveiled the context paper and streaming of the sustainable circularity initiative.

He further added: “Restoration and regeneration are two important requirements for sustainable circularity. To achieve sustainable development goals, a paradigm shift from short to long-term goals is essential. By applying sustainable circularity, we can save 25 percent more energy, contribute to 25 percent less industrial waste, 40 percent less air pollution, conserve 60 percent more water, and lessen greenhouse gas emissions by 44 percent.”

Paresh Goyal, Director, Ministry of Road, Transport and Highways, said: “Vehicle recycling is crucial, and the government is addressing a number of concerns in this regard. Further, MoRTH has released a number of standards and guidelines to promote recycling. There is a need for a licensed auto wrecking facility in order to fully utilise all materials and further minimise reliance on raw materials. Given that the development and implementation of policy are at a critical stage, timing is important.”

Read all the Latest Auto News here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)

Aiming to create a pathway to a Circular Economy in India, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body on Monday organised the International Conference on Sustainable Circularity in association with European Union: Resource Efficiency Initiative (EU-REI), themed “Recycling in Indian Mobility Context”.

The conference witnessed participants discussing the way forward for achieving affordable sustainability aligned with policy changes and the future of RVSFs and ELV recycling in the Indian context. The inaugural session was themed “Recycling of Vehicle scrappage: A panacea for several ills”.

Rajesh Menon, Director General, SIAM, said: “Sustainable circularity is extremely important considering the size of the Indian market. From a sales point of view, India is ranked the third-largest economy for passenger vehicles. Decarbonisation, stringent regulations and technical norms for environmental protection, sustainable goals, fuel efficiency, and sustainable mobility are all aspects SIAM is looking forward to achieving.”

Also Read: Honda Amaze Diesel Discontinued in India Ahead of New RDE Norms, Details Inside

In the opening remarks, Vinod Aggarwal, President of, SIAM said: “Developing a circular economy and adapting alternative low-emission fuels are the other two verticals of sustainability. The practice of recycling vehicles is expanding rapidly, and it’s anticipated that 2 crore vehicles would be recycled by 2025, furthering Aatmanirbhar Bharat’s recycling objectives. This will not only promote employment growth but also optimise workers’ health and safety.”

Chief Guest, Arun Kumar Mishra, Chairperson of, the National Human Rights Commission unveiled the context paper and streaming of the sustainable circularity initiative.

He further added: “Restoration and regeneration are two important requirements for sustainable circularity. To achieve sustainable development goals, a paradigm shift from short to long-term goals is essential. By applying sustainable circularity, we can save 25 percent more energy, contribute to 25 percent less industrial waste, 40 percent less air pollution, conserve 60 percent more water, and lessen greenhouse gas emissions by 44 percent.”

Paresh Goyal, Director, Ministry of Road, Transport and Highways, said: “Vehicle recycling is crucial, and the government is addressing a number of concerns in this regard. Further, MoRTH has released a number of standards and guidelines to promote recycling. There is a need for a licensed auto wrecking facility in order to fully utilise all materials and further minimise reliance on raw materials. Given that the development and implementation of policy are at a critical stage, timing is important.”

Read all the Latest Auto News here

(This story has not been edited by News18 staff and is published from a syndicated news agency feed)