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Circular economy can create $2 tn market, 10 mn jobs by 2050: Yadav
The New Indian Express Vijayawada
|March 05, 2025
UNION minister Bhupender Yadav said on Tuesday that India's circular economy has the potential to create a market worth over $2 trillion and generate nearly 10 million jobs by 2050.
He said the circular economy may be about to drive one of the biggest transformations in business since the industrial revolution 250 years ago. "Through a radical departure from the traditional 'take, make, waste' production and consumption models, the circular economy could provide a potential $4.5 trillion in additional economic output by 2030 world over," the Union Minister for Environment, Forest and Climate Change said at the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific in Jaipur.
He said India has expressed the willingness to host World Circular Economy Forum (WCEF) 2026. This year's annual Forum is organised in Sao Paulo, Brazil.
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