India’s textile waste holds billions, but inefficiencies block recovery
Mint·2h ago·Neutral
What Happened
India generates 7.25 million tonnes of textile waste annually but lacks proper collection and recycling infrastructure, losing ₹78,500 crore in potential value yearly. A FICCI-RECEIC report reveals optimal processing could generate ₹99,800 crore instead of current ₹21,300 crore. Inefficiencies prevent recovery despite significant material value existing within the system.
Key Entities
IndiaFICCIRECEICtextile waste₹78,500 crorecircular economy