Environmentally Sound Management of ELVs in India

The first lecture of the two-part environment series provided an overview of the supplier and the OEM function, regulations and policy, and the economic impact of recycling ELVs.

- Deepti Thore

Tackling End of Life Vehicles (ELVs) in an environmentally sensitive manner is at the core of safely reintroducing waste to new production. The sound management acts to transform waste into nutrients fed to the new product. This approach popularly known as the ‘cradle-to-cradle’ although not new to the automotive industry has room for immense headway. In India, a well-oiled recycling ecosystem is the crying need of the hour. The first lecture of the two-part environment series outlined such nitty-gritty. It provided an overview of the supplier and the Original Equipment Manufacturer (OEM) function, regulations and policy, and the economic impact of recycling ELVs. Setting the tone of the proceedings, exclaimed Rahul Mishra, Principal at Kearney, “The steady shift towards ELVs in India has multiple implications for all the stakeholders in the automotive industry in particular and the economy at large.”