An Analysis of Circular Economy Deployment in Developing Nations’ Manufacturing Sector: A Systematic State-of-the-Art Review

Globalization has created a competitive environment in the manufacturing sector in terms of the quality, cost and user experience of the product. The product life cycle has shortened, which adds multiple products to production lines. This has led to adding complexity to the input material, cost of operation and waste generation through the manufacturing system. Circular economy (CE) has a big potential to overcome the manufacturing waste and provides a competitive solution. In the present study, a systematic literature review was conducted to analyze the current state of CE in the context of India and other developing countries. The study explored the status of implementation, benefits and possible avenues for future research. The present study provides a helping hand to industry practitioners and front-line managers to understand CE benefits in their operations.