Are the Non-Renewable Resource Utilization and Waste Management Practices Employed in Indian Automobile Sector Sustainable?
Kulkarni Shilpa, Rao Prakash and Patil Yogesh (2014) Are the non-renewable resource utilization and waste management practices employed in Indian automobile sector sustainable? Procedia – Social and Behavioral Sciences 133: 364-371 (Elsevier; ScienceDirect Scopus; ISSN: 1877-0428)
8 Pages Posted: 16 Nov 2014
Date Written: November 15, 2014
Growth in automobile sector is considered as an indicator of good economy. Post liberalization, India has opened doors for various businesses and automobile sector in particular, benefited due to foreign investment on Indian soil. The industry has grown into leaps and bounds. According to Nomura analysts, global automobile demand will continue to rise despite marked disparities between regions. While there is a huge increase in the production and servicing aspects, automobile sector today is facing several challenges on environmental front. This sector emanates hazardous organic and inorganic wastes on grand scale and managing them is a matter of great concern. The present study, through secondary data, analyzes the different strategies adopted for waste management in the Indian automobile sector. The study reveals that automobile industry in India is gradually moving towards to zero waste generation zone, but has to go long way. The authors conclude that it is not only the legal framework which will help in attaining sustainability but the organization's value and culture will impacts the most in waste management practices.
Keywords: Automobile sector, Sustainable practices, Chemical, Non-Renewable resources
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