Recove to invest over Rs. 500 crore in Maharashtra recycling network
Recove plans to invest more than Rs. 500 crore in Maharashtra to develop what is proposed to be India’s largest organised HDPE and PP plastic recycling network.
The project aims to create an integrated recycling ecosystem covering collection, processing, and reuse of plastic waste materials.
Demand for recycled plastic inputs is increasing due to sustainability mandates and rising environmental awareness among industries.
The investment is expected to strengthen circular economy infrastructure and improve waste processing efficiency.
It also highlights growing private sector interest in large-scale recycling and sustainable manufacturing solutions.