Page 36 - Plastics News December 2025
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FEATURE NEWS
INDIA'S WASTE MANAGEMENT MARKET SET TO SURGE TO
$39 BILLION BY 2030, GUJARAT EMERGES AS RECYCLING POWERHOUSE
place in Mumbai from November 13-15.
According to experts, the recycling industry in
India is entering a decisive growth phase, driven
by rising material recovery targets, technologi-
cal adoption, and evolving producer responsibil-
ity norms. India's waste-plastic recycling volume
stood at around 10.9 million tonnes in 2024 and
is projected to more than double to 25.4 million
tonnes by 2033, showing the industry's strong
ndia's waste management market to touch growth trajectory.
USD 39 billion by 2030, driven by recycling
Iservices and EPR mandates, with Gujarat The experts stated that Gujarat has emerged as
emerging as a key contributor. a recycling powerhouse, contributing over 25%
to the country's total waste handling. Industrial
Ahmedabad: India's waste management sector clusters such as Dhoraji, Bhavnagar, Halol, Vapi,
is on the cusp of a revolution, with the market and Ahmedabad have become concentrated
projected to surge from around USD 25 billion recycling zones, with extensive PET recycling
in 2023 to a staggering USD 39 billion by 2030, taking place in Surat, Kandla, and Ahmedabad.
registering a massive compound annual growth Prashant Trivedi, Immediate Past Chairman of
rate (CAGR) of 6.5%. The growth trajectory is the Ahmedabad Chapter, Indian Plastic Institute
underpinned by the recycling services segment, (IPI), emphasised the state's dominance, stating,
which is anticipated to nearly double by 2033, "Gujarat continues to hold a leading position in
boasting an impressive CAGR of 9.6%. At a time India's recycling and manufacturing ecosystem."
when the country continues to struggle with the The implementation of new policies, notably the
challenges of waste disposal, industry stake- Extended Producer Responsibility (EPR) man-
holders are converging to chart a sustainable dates, has been identified as a major catalyst for
course for the future. the industry's formalized growth.
The recent high-level roundtable in Ahmedabad The roundtable discussions focused on vital
brought together prominent recyclers, technol- strategies, including enhancing material recov-
ogy providers, sustainability experts, and policy- ery, promoting innovation in waste management,
makers to deliberate on the way forward. The and the practical steps needed to achieve India's
event served as a precursor to the upcoming circular economy vision. Technology providers
Bharat Recycling Show (BRS) and Plastics Recy- underlined how AI and Robotics are revolutionis-
cling Show India (PRSI) 2025, scheduled to take ing efficiency and recovery rates.
36 PLASTICS NEWS December 2025
