The India Recycling Market is assessed primarily based on materials sort, together with plastics, metals, paper and cardboard, glass, and different sources corresponding to municipal (residential and business), industrial, medical, development, and extra sources, in addition to the recycling applied sciences employed, together with mechanical, chemical, organic, and different superior strategies.
The market is projected to develop from an estimated $0.89 billion in 2025 to $1.34 billion by 2030, reflecting a CAGR of 8.53 p.c throughout the forecast interval.India generates an estimated 62 million tons of waste yearly, with over 75 p.c remaining unprocessed. This waste contains natural matter, plastics, paper, glass, metals, and dangerous supplies. In response to a research by the Central Air pollution Management Board, plastics alone account for almost 12 p.c of the nation’s complete waste era.
Listed below are a number of shares to observe beneath the recycling sector, grouped in keeping with their particular segments:
I. Plastic/PET recycling section
1. Race Eco Chain Restricted
With a market cap of Rs. 386 crores, the inventory fell by round 0.99 p.c on BSE on Firday. Race Eco Chain Restricted is primarily engaged within the enterprise of precessing plastic waste, dwelling furnishing, made-up, luggage & clothes and briquettes. Throughout This fall FY25, the corporate aggregated round 27,177 MT of plastic waste, registering a 52 p.c year-on-year progress.
With a market cap of Rs. 3,263 crores, the inventory surged by round 0.97 p.c on BSE on Friday.Ganesha Ecosphere Restricted is a number one PET waste recycling firm in India and is principally engaged within the enterprise of producing of Recycled Polyester Staple Fibre (RPSF), spun yarn and dyed texturised yarn.
The corporate is among the main gamers within the PET plastic recycling house in India, with a complete put in capability of 1,96,440 tons throughout merchandise, together with RPSF, rPET granules, rPET filament yarn, spun yarn, dyed filament yarn, PPSF and washed flakes.
II. E-waste recycling section
1. Namo eWaste Administration Restricted
With a market cap of Rs. 423 crores, the inventory fell by round -3.37 p.c on BSE on Friday. Namo eWaste Administration Restricted, India’s main e-waste recycler, is engaged within the enterprise of e-waste administration and recycling of metallic scrap. Its present recycling capability stands at over 30,500 MTPA and is being expanded to 68,000 MTPA by Q3 FY26, additional strengthening its place as certainly one of India’s largest formal recyclers.
The corporate specialises in recycling e-waste to get better priceless metals corresponding to copper, aluminium, iron, silver, gold, and mercury. It sources supplies by B2B channels, together with producers, producers, and bulk shoppers, in addition to e-waste aggregators and B2C initiatives like assortment drives and consciousness campaigns. Its state-of-the-art facility ensures eco-friendly and cost-effective processing, establishing the corporate as a number one power in India’s e-waste administration sector.
2. Eco Recycling Restricted
With a market cap of Rs. 1,104 crores, the inventory fell by round 1.51 p.c on BSE on Friday. Eco Recycling Restricted, India’s first and one of many main e-waste administration corporations, is primarily concerned within the e-waste assortment, disposal and recycling enterprise with providing complete companies for the recycling {of electrical} digital tools (EEE) waste.
III. Metallic/Lead recycling section
1. NILE Restricted
With a market cap of Rs. 575 crores, the inventory surged by round 7.26 p.c on BSE on Friday.Nile Restricted is primarily engaged within the enterprise of producing lead & lead alloys for battery consumption.
The corporate arrange its Non-ferrous division to deal with secondary manufacturing of lead and lead alloys. It has two recycling crops, its first lead recycling plant, with an annual capability of 32,000 TPA, is located in Choutuppal (Telangana), and options superior recycling and testing amenities to make sure excessive product high quality. A second, bigger facility with a capability of 65,000 TPA has been established close to Tirupati.
2. Pondy Oxides & Chemical compounds Restricted
With a market cap of Rs. 3,781 crores, the inventory surged by round 7.25 p.c on BSE on Friday. Pondy Oxides & Chemical compounds Restricted has 4 recycling verticals: Lead, Copper, Aluminium and Plastics.
It’s engaged in changing scraps of varied types of lead, aluminium and copper into lead metallic, aluminium metallic, copper and its alloys. Lead battery scrap is smelted by POCL to supply secondary lead metallic is then processed into pure lead and particular lead alloys.
As of July 2025, the corporate’s lead section has a completed items capability of 1.68 lakh MTPA. The plastics recycling vertical has a capability of 9,000 MTPA, whereas copper and aluminium have capacities of 6,000 MTPA and 12,000 MTPA, respectively.
IV. Rubber/Tyres recycling section
1. Tinna Rubber & Infrastructure Restricted
With a market cap of Rs. 1,764 crores, the inventory surged by round 1.47 p.c on BSE on Friday. Tinna Rubber and Infrastructure Restricted is primarily engaged within the enterprise of recycling waste tyres/end-of-life tyres (ELT) and the manufacturing of value-added merchandise.
Moreover, the corporate manufactures crumb rubber, crumb rubber modifier (CRM), crumb rubber modified bitumen (CRMB), polymer modified bitumen (PMB), bitumen emulsion, reclaimed rubber/ ultrafine crumb rubber compound, reduce wire pictures, polymer composites and so forth. The merchandise are primarily used for making/repairing roads, tyres and the auto elements trade.
2. Hello-Inexperienced Carbon Restricted
With a market cap of Rs. 545 crores, the inventory fall by round 0.11 p.c p.c on BSE on Friday. Hello-Inexperienced Carbon Restricted is engaged within the enterprise of producing and buying and selling of hydrocarbon gasoline by recycling waste rubber and likewise of varied different allied merchandise. The corporate operates one of many world’s largest patented pyrolysis amenities in Bhilwara, Rajasthan, with a capcity of 100 tons per day (TPD).
By leveraging superior know-how and proprietary processes, the corporate transforms tyre waste into value-added merchandise, specifically Recovered Carbon Black (rCB), Pyrolysis Oil/Biofuel, Sodium Silicate, Recycled Metal, and Synthesis Fuel.
V. Water Remedy/Recycling section
1. Va Tech Wabag Restricted
With a market cap of Rs. 8,759 crores, the inventory fall by round 1.75 p.c p.c on BSE on Friday.VA Tech Wabag Restricted, one of many world’s main corporations within the water therapy sector, is primarily engaged within the enterprise of design, provide, set up, development, operation and upkeep of consuming water, waste water therapy, industrial water therapy and desalination crops, together with manufacturing of power from biogas and sludge administration. As of Q1 FY26, the corporate’s sturdy order e book stood at Rs. 15,800 crores.
2. Enviro Infra Engineers Restricted
With a market cap of Rs. 4,460 crores, the inventory surged by round 3.48 p.c p.c on BSE on Friday. Enviro Infra Engineers Restricted is engaged within the enterprise of design, development, operation and upkeep of Water and Wastewater Remedy Vegetation (WWTPs).
WWTPs embrace Sewage Remedy Vegetation (STPs), Frequent Effluent Remedy Vegetation (CETPs), together with Sewerage Networks, Water Remedy Vegetation (WTPs) and Water Provide Scheme Initiatives (WSSPs).
In case of BOT (constructed, function and switch tasks) & HAM (Hybrid Annuity Mannequin), Enviro Infra bids as a sponsor both alone or in joint operation with different enterprise(s) or in subsidiaries and as soon as the undertaking is awarded, then it’s executed by incorporating an entity (Particular Objective Car). As of Q1 FY26, the corporate holds a strong order e book of Rs. 2,997 crores, with new orders obtained until July 2025 standing at Rs. 788 crores.
Written by Shivani Singh
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