Mumbai (Maharashtra) [India], January 04: The recycling industry is growing rapidly in India, significantly boosting waste management and sustainability. The industry is not only contributing to the conservation of the environment but is also driving innovation and creating a deep economic impact by creating employment opportunities. The following are the top 10 recycling companies in India, that are setting examples in sustainability, innovation and social responsibility, paving the way for a cleaner and greener future.
1. Ganesha Ecosphere: Established in 1987, Ganesh Ecosphere is a leader in the Indian recycling sector. The company has emerged as one of the leading rPET fibre manufacturers in the country. It has pioneered the manufacturing of rPET fibre and rPET yarn from pre & post-consumer PET bottle scrap. Ganesha Ecosphere has recycled more than 41 billion bottles, saved over 54 lakh cubic space of landfill space and prevented 11 lakh tonnes of carbon emissions, all in the past decade alone playing a huge role in reducing plastic pollution. Its cutting-edge technology and innovative practices continue to set benchmarks in the industry.
2. Race Eco Chain: Race Eco Chain Limited is a leader in the recycling industry and specialises in collecting post-consumer PET bottles. It processes over one lakh tonnes of PET plastic annually at its state-of-the-art facilities with the help of 300+ suppliers and 80+ recyclers across India. It prioritises Environmental, Social and Governance factors in its operations and has created an ESG-complaint Supply chain for waste procurement. The company is a critical player in addressing the plastic waste challenges and driving India’s transition to a circular economy. Ganesha Ecosphere recently acquired a stake in Race Eco Chain.
3. Indorama Ventures: Indorama Ventures is a global leader in PET recycling with a significant presence in India. It is the world’s largest producer of recycled PET resin used in beverage bottles and also specialises in rPET fibres. Indorama’s Indian operations recycle over 1.9 billion PET bottles annually, contributing substantially to reducing plastic waste. In 2023, the company reached a global milestone of recycling 100 billion used PET bottles. With a strong focus on sustainability and innovation, Indorama is committed to effective waste management and has established itself as a leader. It is also partnering with customers to support their circularity goals.
4. Dalmia Polypro Industries: Dalmia Polypro Industries is one of the major plastic recyclers in India. The company produces high-quality recyclates from post-consumer plastic waste for reuse in various industries, including automotive and packaging. With its annual production capacity of 50,000 tonnes, Dalmia Polypro is playing a key role in helping solve India’s plastic waste problem, advancing the circular economy, and benefiting the entire value chain. Its commitment to sustainability and setting global standards has earned the company a strong reputation.
5. Gem Enviro Management: Gem Enviro Management Limited is a leading waste management agency providing a variety of sustainability services. Its range of services includes EPR (Extended Producer Responsibility) Fulfilment for all kinds of dry waste such as plastic, e-waste, batteries, tyres, etc., ESG (Environment, Social and Governance) Consulting and BRSR (Business Responsibility and Sustainability Reporting) Reporting and Project Advisory & Management for Plastic Credits. GEM is focused on making businesses sustainable with its solutions. With a vast network of waste collectors and recyclers, GEM prevents over 1 million tonnes of recyclable waste and one lakh tonnes of multi-layered plastic waste in a year, significantly reducing the environmental impact.
6. Rudra Ecovation: A pioneer in environmental sustainability, Rudra Ecovation has set itself apart by turning waste into valuable resources. The company has one of the largest integrated plastic recycling plants in India. The state-of-the-art plant in Ludhiana, Punjab, converts over 88 lakh plastic bottles into high-quality yarns and premium polyester fibres per day using advanced techniques to support the circular economy and show the way to tackle pressing environmental challenges. Rudra Ecovation is certified by leading global organisations. Its commitment to sustainability and innovation in waste re-utilisation makes the company a beacon of environmental responsibility.
7. Banyan Nation: Headquartered in Hyderabad, Banyan Nation is a tech-driven recycling company that integrates data analytics into its operations. It is one of India’s first vertically integrated plastics recycling companies, pioneering a circular economy in polyolefins in the country. Specialising in recycling plastics into high-quality materials, Banyan Nation has recycled over 50 million kilograms of plastic to date. It has demonstrated that plastic recycling can be socially and environmentally responsible while being economically viable. Through its world-class recycling facility and human-contact-safe primary packaging resins, it has enabled several brands to make the transition from linear to circular manufacturing, garnering attention nationally and internationally.
8. Saahas Zero Waste: Saahas Zero Waste is an environmental enterprise that provides end-to-end waste management solutions based on the principles of circular economy. Its services range from waste collection to segregation and recycling, managing over 20,000 tonnes of waste annually. It handles waste sustainably and responsibly for an array of clients including MNCs, tech parks, residential communities and other bulk generating organisations and institutions. Saahas Zero Waste is committed to bringing together nature, people and technology to enable maximum resource recovery and create a zero-waste world through a circular economy.
9. ReCircle: ReCircle is a global waste transformation leader, generating environmental, social and economic value through innovation, for a circular future for all. Driven by its belief that waste can either be a circular problem or a circular solution, the company is transforming India’s waste management landscape. ReCircle specialises in collecting and recycling various types of waste, including plastics, paper and metals. It has developed a unique platform that connects waste generators with recyclers. It processes over 30,000 tonnes of waste annually, helping divert significant amounts of waste from landfills and oceans. ReCircle is promoting responsible waste disposal and recycling practices across the nation.
10. Attero Recycling: Specialising in e-waste recycling, Attero Recycling is India’s largest electronic waste and lithium-ion battery recycling company. With a unique process for extracting precious and rare earth metals, Attero Recycling processes over three lakh tonnes of e-waste per annum. Its tech-driven approach has won it accolades globally and positioned it as a leader in sustainable recycling practices. The company has partnered with over 200 clients, including major IT firms and manufacturers, helping them achieve their Extended Producer Responsibility (EPR) goals, underscoring its commitment to supporting sustainable practices worldwide and offering eco-friendly solutions for a sustainable future.
India’s recycling industry is thriving, thanks to the efforts of companies like Ganesha Ecosphere, Rudra Ecovation, and Race Eco Chain. These organizations are setting examples in sustainability, innovation, and social responsibility, paving the way for a cleaner and greener future.
The above article is drafted based on publicly available information found on the internet and has been rephrased for clarity and better readability.
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