Re Sustainability and Aarti Circularity Announce ₹100 Cr Initial Investment for Plastic Recycling Transformation
Jan 31, 2025•6 months ago
Contract Type
partnership
Description
Re Sustainability and Aarti Circularity have announced an initial investment of approximately ₹100 crores for the development of the first Plastic Materials Recycling Facility in Hyderabad. The partnership aims to focus on segregating, extracting, and recycling resources from diverse waste streams, with a commitment to achieving a minimum resource recovery capacity of 500 tons per day by 2030. The JVCo is expected to generate a turnover of ₹5000 crores in the next five years, catering to the increasing demand for recycled polymers.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months