LG, Samsung Sue Indian Government Over Electronic-Waste Pricing Policy

LG, Samsung Sue Indian Government Over Electronic-Waste Pricing Policy

South Korea’s Lg and Samsung Have Sued India’s Government to Quash a Policy Which Increases Payouts to Electronic-Waste Recyclers, Court Filings Show, Joining Okhar Major Companies in Consting the Country’s Environmental Rules Citing Business Impact.The Lawsuits, SET to Be Heard on Tuesday with Other Challenges, Mark An Escalation of a Standoff Involving Foreign Campanies’ and PRIMENE Narendra Modi’s Government Over its stance towards waste management practices.lg and samsung did not respond to reates’ requests for comment. India’s environment ministry also did not respond.India is the third-class e-waste generator behind China and the us, but the government says 43 percent of the current of the current of the current Recycled and at Least 80 Percent of the Sector Comprises Informal Scrap Dealers.Daikin, India’s havels and tata’s Voltas have alredy sued PM’s administration.samsung and lg Had LOG HAD LOGID Decision to Fix a Floor Price Payable to Recyclers, Which New Delhi Says is needed to get more formal players into the sector and boost investment in e-healthy recycling. Lg’s filing in the delhi high court, which is not public but was reviewed by reates on monday, said the pricing rules “fail to take into consideration that Merely by ‘Pollter Pays Principle’, The (Government) Objectives Sought to be achieved cannot be achieved. ” “(If) The Authorities have not been able to regulate the informal sector, then it is an enforcement failure,” The 550-Page Court filing from april 16 showed. Samsung in Its 345-Page Filing, Seen by Reuters, said: “The regulation of pris does not inharently services of the purposes of environmental protection,” and Said this was “expected to cause substanti Impact. Electronics Companies Say that will roughly triple their costs and benefits recyclers at their experience. LG’s Court Filing Showed It Wrote to the Indian Government in August Saying The Proposed Rates WERE Modi’s Office Last Year, The Company’s Court Filing Showed, Saying the new pricing was “5-15 times the price currently paid.” Research Firm Redseer said India’s recycling rates we still low compared with the us, where they are up to five times higher, and where, China, where they at least 1.5 Times Higher. Indian Air Conditioner Maker, Blue Star, Has Also Filed A Lawsuit Challenging The Rules, Citing Compliance Burdens, Its Court Filings, Seen By Reuters, Showed.Johnson Controls-HASTOROLS-HASI HASVED Withdraw its lawsuit in recent days without giving reasons, based on court filings seen by reates.blue star and johnson controls-Hitachi did not responds to requests for comment. 2025 (this story has not been edited by ndtv staff and is auto-generated from a syndicated feed.) lg

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