A roundtable themed ‘Circular Economy for Plastics – Challenges and Opportunities in India’ took place in New Delhi, marking a significant milestone for the upcoming Plastics Recycling Show India 2024, which is scheduled to take place from December 4th to 6th, 2024, at NESCO in Mumbai.
The roundtable gathered eminent industry leaders and committed professionals who relentlessly strive to advance plastic recycling, despite the numerous challenges posed by India’s waste management ecosystem.
With India’s waste management market projected to grow from $13.1 billion in 2023 to $21.7 billion by 2032, exhibiting a CAGR of 6.50% during 2024-2032, the roundtable aimed to address critical issues and explore opportunities within this dynamic and rapidly evolving sector.
The speakers were Shailendra Singh, CEO and Founder of SustainMantra; Prashanth Singh, Co-Founder and CEO of Blue Planet; Kamran Ahmed, Founder and Director of Envofix; Rajesh Pahwa, Founder and CEO of 21st Century Polymers; and Dr. Arun Kumar Sharma, Founder of Ecube India 3R Waste.
The roundtable also featured significant contributions from Vivek Tandon, Founder of revalyu; Vaibhav Rathi, Senior Technical Advisor at GIZ India; Indumathi, Operator of Ward 150, Dry Waste Collection Centre (DWCC) in Bellandur, Bangalore; Vidya Bhooshan Singh, Plastic Waste Expert in the USAID-supported in REPLACE project at IPE Global; and Manoj Gupta, Lead Sustainability at Plastics Experts. Their expertise highlighted the multifaceted approaches being implemented to tackle plastic waste challenges effectively.
The roundtable highlighted the unique allure of the plastics industry in India, given its ongoing commitment to sustainability and environmental responsibility. Progressive strides in sustainable packaging materials, recycling technologies, and advancements in biodegradable polymers are ushering in a positive transformation within the sector.
As per the press release, the sustainability orientation aligns with global environmental objectives and offers young entrepreneurs and startups a golden opportunity to disrupt the market with cutting-edge, eco-friendly products.
