Assessing the Role of Circular Economy Knowledge, Attitudes, and Practices in Driving Sustainable Development: A Survey of Textile Industries in Tamil Nadu

IF 4.8 Q1 BUSINESS
K. Saravanan, T. Chandrasekar
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Abstract

Utilizing and recycling natural resources is how the circular economy (CE) seeks to safeguard the environment; nonetheless, for businesses and policymakers to successfully adopt CE, it is necessary to identify potential obstacles, possibilities, and advantages that could benefit economies and enterprises. An exploratory survey study-based examination on circular economy techniques employed in the textile and apparel industries throughout the textile industry hub in Tamil Nadu is done in an attempt to address the progress of the CE and its benefits toward sustainable development. The purpose of this study is to learn more about the CE ideologies that the textile industry has learned about, the CE practices that the textile industry has adopted, the executives' attitudes regarding the CE, and how these aspects affect the attainment of sustainable development in industries that support the accomplishment of national goals. The mean scores show that there is neutral level of circular economy knowledge or attitude when analyzing 100 respondents' answers from textile industries of five different locations. The regression analysis shows that there is a statistically positive association between the knowledge and attitude toward the enactment of CE practices in industries and the enduring growth outcome and it is statistically significant (F change = 7.211 and 466.29, p = < 0.01).

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来源期刊
Business Strategy and Development
Business Strategy and Development Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
5.80
自引率
6.70%
发文量
33
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