What are the Top 10 Plastic Recycling Companies in India?

What are the Top 10 Plastic Recycling Companies in India?

The plastic recycling market in India has shifted. It is no longer about corporate social responsibility (CSR) or "going green" for PR. It is about survival.

With the Central Pollution Control Board (CPCB) tightening the noose on Extended Producer Responsibility (EPR) targets and the recent crackdown on fake recycling certificates, brand owners are in a bind. 

This list cuts out the middlemen. These are the ten entities that dominate the Indian recycling infrastructure in 2025—ranked by their capability to deliver genuine, audit-proof recycling credits and high-grade output material.

1. Ganesha Ecosphere

The Textile Giant
If you wear recycled polyester, it probably came from here. Ganesha Ecosphere isn't just a recycler; it is a manufacturing behemoth. They dominate the PET-to-Fiber market. While they have faced some recent raw material volatility in late 2025, their capacity remains unmatched.

• The Operation: They take millions of PET bottles and spin them into R-PET fiber (Rescued Polyester Staple Fiber).
• Best For: Brands looking for textile-grade recycled inputs or massive volume PET credit generation.
• Location: Stronghold in Northern India (Kanpur, Rudrapur).

2. Gravita India Limited

The Diversified Industrialist
Gravita is fascinating because they didn't start with plastic. They started with lead batteries. They took that hazardous waste expertise and applied it to plastic.

• The Shift: By 2025 they have aggressively expanded their Mundra and Phagi facilities to process Polypropylene (PP) and High-Density Polyethylene (HDPE)
• Why them: They treat plastic recycling with industrial rigor not as a scrap business. Their focus is on battery cases and rigid plastics rather than just soda bottles.
• Stock Watch: They are one of the few recyclers listed on the stock exchange with a transparent balance sheet.

3. Banyan Nation

The Quality Obsessives
Most recycled plastic is grey, smelly, and brittle. Banyan Nation changed that. They are a tech-first company based in Hyderabad that solved the "dirty plastic" problem.

• The Tech: Their proprietary cleaning technology produces "Better Plastic"—recycled granules that are near-virgin quality.
• The Win: They are one of the first in India to supply human-contact-safe recycled plastic to FMCG majors like Unilever for shampoo and lotion bottles

4. The Shakti Plastic Industries

The Legacy Player
Founded in 1969 Shakti is the oldest name on this list. While others specialize Shakti does everything.

• Capability: They handle the nightmare material: Multi-Layered Plastic (MLP). This is the stuff chip packets are made of—notoriously difficult to recycle.
• Scale: They have moved beyond simple recycling to becoming a full-service EPR agency. They collect, recycle, and file your compliance paperwork.

Read More EPR Plastic Import Registration

5. Indorama Ventures (India)

The Global Standard
This is a subsidiary of the global chemical giant. Indorama brings international safety standards to the Indian chaotic market.

• They specialize in Bottle-to-Bottle recycling. Most recyclers turn bottles into benches or shirts (downcycling). Indorama turns old bottles back into new bottles (circular economy)
• Compliance: If you are a multinational corporation (MNC) with strict internal audits, Indorama is the safest bet for compliance.

6. Pashupati Group

The Northern Powerhouse
Based in the north Pashupati is massive. They operate across three verticals: recycling, fiber manufacturing and waste management

• Volume: They process over 300 tonnes of PET bottles daily
• Integration: They own the entire chain. They have their own collection networks and their own fiber plants, which means they don't rely on volatile open-market scrap prices as much as others.

7. Recykal (Rapidue Technologies)

The Digital Broker
Recykal is the odd one out. They own very few trucks or factories. Instead they built the software that connects the kabadiwala (waste picker) to the recycler to the brand

• The Model: Think of them as the "Uber for Waste."
• Why use them: If you are a brand with a pan-India presence, you cannot sign contracts with 50 small recyclers. Recykal gives you a single dashboard to buy EPR credits from hundreds of recyclers instantly

8. Antony Waste Handling Cell

The Municipal Heavy Lifter
You see their trucks every day. Antony is primarily a Municipal Solid Waste (MSW) manager. They handle the initial chaotic stage of waste: collecting it from your doorstep.

• The Role: They run massive Material Recovery Facilities (MRFs) that sift through city trash to pull out the plastic before it hits the landfill.
• Importance: They are the "feedstock" providers. Without them, the specialized recyclers down the line wouldn't have material to process.

9. GEM Enviro Management

The Compliance Architects
GEM started in collection but realized the real pain point for companies was the paperwork.

• Specialty: They design Reverse Logistics networks. If you are a brand like Coca-Cola or Pepsi, you need to show the government that you are collecting back the bottles you sold. GEM sets up the infrastructure to make that happen.
• Output: They are heavy on the EPR fulfillment side, ensuring your legal liability is covered.

Read More What is EPR Plastic Waste Management?

10. A2Z Infra Engineering

The End-of-Life Solution
What happens to the plastic that can't be recycled? The dirty, thin, mixed sludge?

• Refuse Derived Fuel (RDF): A2Z specializes in processing this non-recyclable waste into fuel blocks for cement kilns and power plants
• Why they matter: You cannot recycle everything. For the 20-30% of plastic that is essentially garbage A2Z ensures it is used for energy recovery rather than choking a landfill

Final Words

If your recycler cannot show you the Chain of Custody—from the waste picker who picked up the bottle to the machine that shredded it—do not sign the contract. The companies listed above are the ones currently surviving the scrutiny. Choose wisely.