NEW DELHI: India’s plastic waste accumulation is projected to jump 10 times by 2030, rising to 217 million tonnes, driven by packaging material, a new report has estimated.The Harsh Mariwala-founded Marico Innovation Foundation’s report ‘Innovation in Plastics’ has also estimated the lifetime cost of plastic at $3. 7 trillion, with over 80% coming from mismanaged waste costs that results in marine plastic pollution, impacts fishing and tourism and adds to the cost of cleaning up.The report makes a case for a major thrust to circular economy and finding biodegradable solutions. “Circular economy will have a larger impact in the short term. In the long run, there can be a transition towards bio-plastics,” said Mariwala.
Plastic waste to jump 10x on packaging
May 23, 2023
Latest Stories
- Meet this year’s #Unstoppable21
- 14-yr-old who rewrote IPL playbook & Meet India’s next smash-hit shuttler
- A voice that found its way to global stage
- Meet The Jury On Mission #Unstoppable21
- Young champs, here's your chance to be '#Unstoppable21' again
- Talent, composure, self-belief: Shafali Verma in a nutshell
Latest Videos
- Tanvi Patri, the 13-year-old badminton prodigy smashing her way to the top
- Krisha Janaswamy, the young medical innovator redefining cancer detection
- Vaibhav Shokeen, the tech innovator using AI to solve real-world health problems
- Aditya Kumar Jha, a 16 year old creating affordable life-saving tools
- Austin Ajit, the Bengaluru prodigy writing for the wild at just 12