A policy, regulatory and opportunity assessment for the End of Life Vehicles market in India
Client
Global Automotive Major (OEM) (In collaboration with a EU consulting firm)
Problem
- Conduct a market assessment of End-of-Life Vehicles (ELVs) & associated recycling materials in India, as part of the OEM’s circularity goals
- Explore investment/partnership opportunities
Solution
- Policy & regulatory analysis of the ELV market
- In-depth assessment of informal scrapping market & ground realities of vehicle scrapping
- Value-chain analysis of 9 categories of recycled materials (metal, plastic, oil, batteries, etc. )
- Analysis of existing players & competitors in recycling & scrappage infrastructure
Impact
- India: Key part of the Client’s multi-nation study
- Market potential of ELV & material recycling market in India as adjacencies to client’s core business
- Facilitation of decision-making on a potential entry into the vehicle scrapping industry in India