By India’s recycling sector is urging policymakers to ensure an open and unrestricted international scrap market in the upcoming Union Budget 2026.
Industry leaders emphasize that keeping cross-border scrap flows free of tariffs is critical to sustaining a robust circular economy, supporting environmental sustainability, and securing reliable raw material supplies for domestic manufacturing.
The Indian Recycling sector warns that rising trade tensions and tariff barriers could disrupt the supply of recycled metals, potentially slowing growth in India’s reuse economy and increasing dependency on primary raw materials.
With recycling playing a key role in reducing emissions and energy consumption, industry experts argue that budgetary measures facilitating international scrap trade will be crucial in driving both economic and environmental benefits for the country.
