An Assessment of Drivers and Barriers to Implementation of Circular Economy in the End-of-Life Vehicle Recycling Sector in India

The circular economy (CE) has been frequently in the news recently, as it offers a regenerative system that substitutes end-of-life concept with restoration. Despite several benefits yielded by CE from triple-bottom-line perspective, India’s vehicle (ELV) recycling sector is striving against numerous impediments to implementing approach. Therefore, this paper attempts shine spotlight on ELV sector, identify potential drivers and barriers implementation. This study employed an explorative approach determine regarding sector. research reveals economic viability (25 percent), environmental degradation (17 global agenda (15 percent) are three leading primary drivers. In contrast, limited technology (18 financial constraints lack of knowledge expertise (12 significant thwart implementation made first attempt explore India. besides advancing our understanding opportunities for threats CE, investigation may assist Indian authorities devising appropriate policies strategies developing regulatory legal framework conducive sustainability.