West Bengal is poised to become a major hub for plastic recycling, driven by the implementation of extended producer responsibility (EPR) regulations and the push for a circular economy. The Indian Plastics Federation (IPF) expects significant investments in recycling projects, with the potential to match the investment pipeline for plastic processing in the near future. The state aims to attract Rs 3,000 crore in capex in the next few years, with recycling-based projects worth Rs 450 crore already in the pipeline. British International Investment (BII) has committed Rs 205 crore to expand Magpet Polymers’ PET bottle recycling facility in Kharagpur. The 10th edition of INDPLAS’25, a flagship plastics exhibition, has also kicked off in Kolkata, drawing over 400 exhibitors and 1 lakh visitors, including representatives from foreign countries like China and the US. The event aims to promote collaboration, innovation, and investment in the plastics sector, with West Bengal aiming to become a hub for plastics manufacturing with infrastructure development and a skilled workforce.
Bengal Sees Surge in Plastic Recycling Investments as Circular Economy Flourishes
