An Empirical Study On Assessment Of Economic And Environmental Benefits Through Reverse Logistics: An Indian Perspective

Abstract

Reverse logistics, the backward flow of products from consumers to producers, is pivotal for sustainable development, particularly in emerging economies like India. This study employs secondary data to analyse the economic and environmental benefits of reverse logistics within the Indian context. Economically, reverse logistics offers avenues for cost reduction through efficient waste management and creates opportunities for revenue generation from the resale of refurbished products. Environmentally, it promotes recycling, reduces landfill use, and conserves resources, contributing to a decrease in the carbon footprint of businesses. The analysis reveals that companies practicing reverse logistics can achieve up to a 20% reduction in carbon emissions and a 15% cut in logistics costs. Despite its benefits, challenges such as inadequate infrastructure and regulatory frameworks persist. The study underscores the need for policy interventions to support reverse logistics, which could lead to significant economic and environmental improvements in India’s supply chain operations. This abstract synthesizes the findings from various empirical studies, providing a concise overview of the potential impacts of reverse logistics in India, and advocates for its increased adoption to meet the country’s sustainability objectives