circular economy involves sharing, leasing, reusing, repair….

circular economy involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials. Report by Primus Partners outlines strategic roadmap to transform India’s textile industry into a sustainable and circular economy by 2047. The shift towards circular fashion could generate employment, about 1 lakh across recycling, sustainable manufacturing, and innovation, the report said. The opportunity to address textile waste is valued at $3.5 billion over the next five years, requiring robust policy support, industry collaboration, and active consumer engagement, according to the report. The report also calls for a national policy for sustainable textiles and an Extended Producer Responsibility (EPR) scheme for the sector. It was released at Bharat Tex 2025, held from February 14-17 at Bhar at Mandapam in New Delhi, India, and released to the media on February 17, 25th, 26th, 27th, 28th, 29th, and 30th February in New York City, New York, Washington, D.C. and London.

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