• India CSR Awards 2025
  • India CSR Leadership Summit
  • Guest Posts
Monday, February 2, 2026
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
Home Circular Economy

‘Plastics recycling market to reach $53.72 bn by end-2023’

The plastics recycling market in India is estimated to grow at a rate of 6.5% to attain a market size of US $53.72 billion by the end of 2023

Rusen Kumar by Rusen Kumar
January 4, 2021
in Circular Economy, Plastics, Prime
Reading Time: 2 mins read
Representing image

Representing image

Share Share Share Share

The plastics recycling market in India is estimated to grow at a rate of 6.5% to attain a market size of US $53.72 billion by the end of 2023 says Vice President M. Venkaiaah Naidu.

Recently, M. Venkaiah Naidu also called for a mass media campaign to bring behavioural changes in how people dispose of plastic products. He emphasised that the problem is not with plastics, instead the problem lies in our attitude towards handling of plastics.

He stressed on the need to follow the best practices of plastics waste management and wanted people to be made aware of the importance of the 3Rs – Reduce, Reuse and Recycle. The solution is not to avoid plastics but to ensure that it is used responsibly and recycled properly, he said.

India CSR

Maintaining that we are duty bound to leave a clean and green planet for our children, he appealed to everyone to commit to single use plastic items responsibly.

Naidu specifically appreciated the importance of plastics during the ongoing COVID-19 pandemic as they have been used extensively in manufacturing of medical protection equipment and PPE kits, which have played a significant role in preventing its spread. Polymeric materials are also being used widely to create medical tools and devices like insulin pens, IV tubes, implants and tissue engineering as well.

Underlining the importance of polymers in Indian economy, the Vice President said that 30,000 plus plastics processing units are employing over four million people across the country. He also mentioned that with an average national consumption of roughly 12 kilograms per capita per year, India ranks among the top five consumers of polymers in the world.

Addressing the students, faculty and staff of the Central Institute of Petrochemical Engineering & Technology (CIPET) in Vijayawada, Naidu expressed concern about the environmental challenge posed by the durability and longevity of plastics. He appreciated CIPET for establishing a model Plastics Waste Management Centre at Guwahati which focuses on offering skill development training programmes in the areas of plastics recycling and waste management.

He praised CIPET for its contribution to national development through its diversified activities in the area of skilling programmes, technical support services, academics and R&D. The Vice President expressed his happiness that the CIPET has completed more than 50 major research projects and has filed 12 patents.

He also wanted the institute to focus on the development of eco-friendly products such as biodegradable plastics so as to balance the environment and development.

M. Srinivasa Rao, Andhra Pradesh Minister for Endowments; Kashinath Jha, Joint Secretary, Ministry of Chemicals & Fertilizers; Prof. (Dr) S. K. Naik, DG, CIPET; Chinta Shekhar, Center Head, CIPET- Vijayawada; and R. Rajendran, Principal Director, CIPET were among the key dignitaries present on the occasion.

Tags: Circular EconomyM.Venkaiah NaiduPlastic Waste ManagementRusen Kumar

CSR, Sustainability, and ESG success stories hindustan zinc
ADVERTISEMENT
Rusen Kumar

Rusen Kumar

Rusen Kumar is the founder and managing editor of India CSR – The CSR chronicle of India. He writes on CSR, Sustainability and Environmental affairs. He brings an understanding of governance, leadership development, social development, human development, and strategic focus by serving for-profit and not-for-profit boards and as an advisor to chief executive officers and executive management members. His leadership accomplishments in social enterprise, planning, and governance range from viable achievements in knowledge forum initiatives to advancement of corporate social responsibility issues in India.

Related Posts

Influx of Foreign Airlines in India Could Substantially Benefit Aviation Sector, Says Jaideep Mirchandani
Circular Economy

10 Must-Know Facts: Soaring Skies, Thriving Economy – India’s Aviation Vision 2047

3 months ago
Sustainability: Panasonic India Marks E-Waste Day with 500 kg Collection Drive
Circular Economy

Sustainability: Panasonic India Marks E-Waste Day with 500 kg Collection Drive

4 months ago
Hasiru Dala Innovations
Circular Economy

Hasiru Dala Innovations Raises Rs 6 Cr in Pre-Series A Funding from Rainmatter & Next Bharat Ventures

10 months ago
Circular Economy: How Indian Companies are Redefining Waste Through CSR
Circular Economy

Circular Economy: How Indian Companies are Redefining Waste Through CSR

1 year ago
Indian Economy
Circular Economy

Union Budget 2024-25: Advancing Economic Growth through Infrastructure Initiatives

2 years ago
Plastic Pollution
Plastics

Korea Takes the Lead: World Environment Day 2025 Spotlight on Plastic Pollution Resolution

2 years ago
Load More
Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT

LATEST NEWS

Ambedkar Chamber of Commerce and Industry Welcomes MSME and Inclusive Growth Focus in Union Budget 2026-27

Union Budget 2026–27: Industry Leaders Welcome Consumption Push, Infrastructure Boost and Reform-First Growth Vision

Budget 2026–27: Duty Exemptions to Strengthen India’s Civil Aviation Supply Chain, Says Flamingo Aerospace CEO

Union Budget’s Purvodaya push opens new window for Bihar: PHDCCI’s Kumod Kumar

Hindustan Zinc Marks 37th Road Safety Month with Outreach

हिंदुस्तान जिंक ने 37वें सड़क सुरक्षा माह में हजारों कर्मचारियों और ग्रामीणों को किया जागरूक

Ad 1 Ad 2 Ad 3
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

TOP NEWS

OpenText Bengaluru Walkathon Advances Inclusive Healthcare Awareness

Tribal Community Initiative: Confluence of Tradition and Modernity

Rs 100 Cr Boost for SkyView Devanahalli; Handover by Dec 2026

Jio Financial Services Spent Rs 17.7 Crore on CSR Initiatives in FY25

Capt. Anuj and the Architecture of Disciplined Entrepreneurship

From Compliance to Impact: Designing Site-Specific and Need-Based CSR Programs

Load More
STEM Learning STEM Learning STEM Learning
ADVERTISEMENT

Interviews

Magma Group CEO and Founder, Neal Thakker
Interviews

Embedding CSR in Responsible Manufacturing at Magma Group: An Interview with Neal Thakker

by India CSR
January 21, 2026

Neal Thakker on integrating CSR and sustainability into factory operations.

Read moreDetails
Sudeep Agrawal, CFO & Head – CSR, Ashirvad by Aliaxis

Integrating Financial Leadership With Impactful CSR Initiatives: An Interview with Sudeep Agrawal, Ashirvad by Aliaxis

December 29, 2025
Sakina Baker, Head – CSR, Bosch Limited, and Head – Bosch India Foundation

Driving Social Innovation & Inclusive Skilling: An Exclusive Interview with Sakina Baker of Bosch India

December 1, 2025
Sita Ram Gupta speaking at the 16th India CSR Summit in New Delhi on November 21, 2025. © India CSR

Life is a Forward Progression, not a Backward Regression, Says Sita Ram Gupta

November 26, 2025
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. We need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

Donate at India CSR

  • About India CSR
  • Team
  • India CSR Awards 2025
  • India CSR Leadership Summit
  • Partnership
  • Guest Posts
  • Services
  • ESG Professional Network
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.