A FUZZY ECONOMIC ACCEPTANCE SAMPLING PLAN FOR ENHANCING QUALITY AND SUSTAINABILITY IN THE TRADITIONAL INDIAN HANDLOOM INDUSTRY
December 31, 2025WHOLE-LIFE ASSET MANAGEMENT AND CIRCULAR ECONOMY PRINCIPLES FOR PUBLIC-PRIVATE PARTNERSHIPS (PPPs): TOWARDS SUSTAINABLE INFRASTRUCTURE
*Muskan Sehgal, **Sejal Sagar, & ***Pranav Vaishnav
*Student, Department of Commerce, CHRIST (Deemed to be University), Bangalore, Karnataka, India.
**Student, Department of Commerce, CHRIST (Deemed to be University), Bangalore, Karnataka, India.
***Student, Department of Commerce, CHRIST (Deemed to be University), Bangalore, Karnataka, India.
Abstract
Public-private partnerships (PPPs) are growing to become more popular despite the dynamic demands for sustainable infrastructure. Nonetheless, short-term delivery and linear asset lifecycles continue to be given priority in current models. The study investigates how public infrastructure projects’ long-term sustainability, adaptability, and value can be increased by incorporating whole-life asset management and circular economy (CE) principles into PPP frameworks. The project’s goal is to produce information that will be helpful in combining PPP incentives with more general social, economic, and environmental goals.
Methodology: The study synthesises theoretical and practical advancements in PPP whole-life management and circularity integration by drawing on a wide range of case studies, international policy frameworks, and scholarly and industry literature. It uses a qualitative system analysis to identify barriers in the process of implementation as well as organisation, technology, financial, and governance.
Findings: Traditional PPP practices often neglect asset longevity, adaptability, and resource recovery, which leads to societal outcomes that are not ideal. Integrating the principles of a circular economy and whole life asset management perspectives improves environmental and social value, decreases waste and lifecycle costs, and improves the performance of the asset. Reimagining contract structures, using different metrics to its advantage, and encouraging digital innovation through the use of blockchain and BIM creates adaptable collaborative partnerships that balance the interests of conflicting stakeholders necessary for success.
Practical Implications: Policymakers can support the circular economy along with whole-life PPPs by changing procurement and performance standards, encouraging the usage of digital infrastructure, and increasing the capacity in both public and private sectors. Professionals should prioritise risk management, stakeholder engagement, usage of data-driven information, and flexible contracts with lifecycle incentives.
Keywords
sustainable infrastructure, circular economy, whole-life asset management, ppps, lifecycle approach, contract innovation, and digital transformation.
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To cite this article
Muskan Sehgal, Sejal Sagar, & Pranav Vaishnav. (2025). Whole-Life Asset Management and Circular Economy Principles for Public-Private Partnerships (PPPs): Towards Sustainable Infrastructure. Sparkling International Journal of Multidisciplinary Research Studies, 8(4), 40-57.
