India’s ₹10,000 crore recycled plastic bet hits policy roadblock
India’s PET consumption is estimated at around 12-14 lakh tonnes a year. Excluding the 2-2.5 lakh tonnes consumed by pharma, sheets, and straps sectors, the total available market for r-PET is 9.5-12 lakh tonnes per annum, according to Yash Sharma, director, Ganesha Ecosphere, a PET bottle recycler. Source