Friday, April 26, 2024

Circular Economy Key For Sustainable Growth

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By Business Daily

Sustainable manufacturing is a key focus for many industries today as we drift towards Industry 4.0.

In the past decades, manufacturing has been visualized as a mechanism to produce products for the large market without concern about the aftereffect of their products by the end consumer. But today, in light of the increase in markets and an ever-growing population of over 7 billion people in the world, the resources for production are now deteriorating and yet, the masses and markets for products continue to grow.

It has now more than ever become necessary for industries to concentrate on the final destination of their products and find new avenues to provide resources for continuous production. Industrialists have now become conscious of the effects of their products to the immediate environment and to the future ecosystem. In short, they are now ready to embrace a circular economy. Read more>>

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