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Wazir Advisors leads global strategy for India's textile recycling

Wazir Advisors leads global strategy for Indias textile recycling


In a collaboration, Wazir Advisors, The Swedish School of Textiles - University of Boras, and the IIT, Delhi, have jointly released a whitepaper today. Titled ‘Positioning Indian Textile Recycling Ecosystem Globally: Setting the Strategic Intervention Areas for Future Road Mapping,’ the document signals a pivotal moment in the evolution of India's textile industry.

At its core, the whitepaper endeavors to catalyze a cross-border textile recycling value chain, harmonize market dynamics, and stimulate innovation through public-private partnerships. It delves into four critical dimensions imperative for the expansion of textile recycling ecosystems: optimizing value chains, synchronizing supply with market needs, designing sustainable ecosystems, and securing external support for equitable participation across the value chain.

A highlight of the report is the identification of 13 Strategic Intervention Areas (SIAs) deemed essential for the enhancement and valorization of India's textile recycling ecosystem. Authors including Rudrajeet Pal, Abhijit Majumdar, and Varun Vaid, emphasize the whitepaper's role in fostering collaboration and innovation to drive both economic prosperity and environmental sustainability.

Based on extensive research and fieldwork initiated in 2016 at The Swedish School of Textiles, the report draws insights from investigations in regions like Kandla SEZ and Panipat. Notably, the authors express optimism about ongoing strategic interventions, with grants from Indo-Swedish funding agencies. They anticipate the development of a data-driven decision support tool, poised to streamline operations within the intricate textile recycling value chain, benefiting both industry players and policymakers alike.



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