Plastic credit market to grow 70% with new recycling rule, hit $1.7 billion by 2030

India's plastic credit market is projected to reach $1.67 billion by 2030, driven by extended producer responsibility mandates requiring recycled content in plastic packaging. While this boosts recycling, challenges persist in procuring quality plastic at the right price and managing reverse logistics. Experts emphasize the need for efficient collection systems to support recyclers and ensure market growth.

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